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You are going to buy a new car at a price of $15,000. You will...

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Accounting

You are going to buy a new car at a price of $15,000. You will pay $1,200 as cash down payment and financing the balance for 42 months at 8.45%. What is the amount of each loan payment? Select one: a. $336.55 b. $310.05 c. $380.70 d. $308.54 Oe. $335.60
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You are going to buy a new car at a price of \\( \\$ 15,000 \\). You will pay \\( \\$ 1,200 \\) as cash down payment and financing the balance for 42 months at \8.45. What is the amount of each loan payment? Select one: a. \\( \\$ 336.55 \\) b. \\( \\$ 310.05 \\) c. \\( \\$ 380.70 \\) d. \\( \\$ 308.54 \\) e. \\( \\$ 335.60 \\)

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