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Maggie borrowed $18,000 to buy a car. The loan terms call for equal monthly payments...

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Accounting

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Maggie borrowed $18,000 to buy a car. The loan terms call for equal monthly payments at the end of each month. The loan is for 5 years at an APR of 4 percent. How much will be the ending balance after the first monthly payment is made? $17.550.23 $17,751.26 $17,728.50 $16,456.87

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