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You Are Interested in Purchasing a New Automobile That Costs

Question 45

Multiple Choice

You are interested in purchasing a new automobile that costs $33,000. The dealership offers you a special financing rate of You are interested in purchasing a new automobile that costs $33,000. The dealership offers you a special financing rate of (0.75% per month) for 60 months. Assuming that you do not make a down payment on the auto and you take the dealer's financing deal, then your monthly car payments would be closest to ________. A) $548 B) $685 C) $959 D) $1096 (0.75% per month) for 60 months. Assuming that you do not make a down payment on the auto and you take the dealer's financing deal, then your monthly car payments would be closest to ________.


A) $548
B) $685
C) $959
D) $1096

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