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  3. Study Set
    Elementary Technical Mathematics
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    Exam 1: Basic Concepts
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    Find the Monthly Payment for the Loan
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Find the Monthly Payment for the Loan

Question 181

Question 181

Multiple Choice

Find the monthly payment for the loan. Used-car financing of $100,000 for 20 months at 8.75%.


A) $47,326.57
B) $46,467.64
C) $46,590.84
D) $50,533.56
E) $46,429.64

Correct Answer:

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