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4-5. pic included eBook Nona purchased a new car earlier today...

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Finance

4-5. pic included
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eBook Nona purchased a new car earlier today for $38,000. She financed the entire amount with a six-year loan that has a 3 percent interest rate (compounded monthly Compute the monthly payments for the loan. Do not round Intermediate calculations, Round your answer to the nearest cent. Enter your answer as a positive value $ b. How much will Nona owe on the loan after she makes payments for 2 years (le, after 24 payments)? Do not round intermediate calculations Round your answer to the nearest cent. Enter your answer as a positive value. $

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