You need to borrow $20,000 to complete the purchase of a car. Kindly Kline Auto...
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You need to borrow $20,000 to complete the purchase of a car. Kindly Kline Auto Finance is offering a 4-year loan at a stated rate of 9% per year. What will be your monthly payment on this loan, assuming you make your first payment one month after taking out the loan?
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