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    A $50,000 New Car Loan Is Taken Out with the Terms
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A $50,000 New Car Loan Is Taken Out with the Terms

Question 82

Question 82

Multiple Choice

A $50,000 new car loan is taken out with the terms 12% APR for 48 months. How much are monthly payments on this loan?


A) $1448.36
B) $1580.03
C) $1316.69
D) $1711.70

Correct Answer:

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