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  3. b. if you buy a 2008 used car for $8,000 with no m

b. If you buy a 2008 used car for $8,000 with no money down. You...

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b. If you buy a 2008 used car for $8,000 with no money down. You agree to make monthly payments for 2 years beginning next month. The stated rate on the loan is 12% per year. Calculate the monthly car note payment. (4 points)

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