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    You Decide to Take Out a Car Loan for $20,000
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You Decide to Take Out a Car Loan for $20,000

Question 80

Question 80

Multiple Choice

You decide to take out a car loan for $20,000 at 7% APR for 60 months.How much are your monthly payments?


A) $396.02
B) $333.33
C) $406.48
D) $400.00
E) $367.54

Correct Answer:

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