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You are shopping for a new car. The car that you selected costs $27,534. The...

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Finance

You are shopping for a new car. The car that you selected costs $27,534. The dealer is offering 5-year financing. Based on the dealer's APR quote, you figure out that the APY will be 3.12%. Compute your monthly payment.

$495.73

$496.22

$6,032.79

$5,549.83

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