6 Avicenna bought a $24,000 car with 20 percent down and financed the rest with...
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6 Avicenna bought a $24,000 car with 20 percent down and financed the rest with a five-year loan at 4% percent stated annual interest rate, compounded monthly. What is his monthly payment? Payments are made at the end of each period, of Select one: a. $442.00 b. $353,60 c. $487.71 d. $541.90 e. $397.80
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