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Is) You purchase a new car for $50,000, financing the entire amount with a bank...

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Is) You purchase a new car for $50,000, financing the entire amount with a bank loan. The loan has 6% APR athly compounding and monthly payments over years. ints) How much is your monthly payment? ats) If you only made a payment of $250 a month, how long would it take to pay off the loan? Format B I U

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