Multiple Choice
Solve the problem.
-Suppose you purchase a new car for $27,200. What are the monthly payments for a 4-year loan with a $2,000 down payment if the annual interest rate is 4.5%?
A) $689.58
B) $459.72
C) $574.65
D) $804.51
Correct Answer:
Verified
Correct Answer:
Verified
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