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    A Car Loan of $15,000 Is Financed for 4 Years
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A Car Loan of $15,000 Is Financed for 4 Years

Question 8

Question 8

Multiple Choice

A car loan of $15,000 is financed for 4 years at an annual interest rate of 10%. Find the monthly car payment.


A) $387.68
B) $380.44
C) $373.28
D) $484.01
E) $318.71

Correct Answer:

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