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Question Suppose that you decide to buy a car for ​$27,635 including taxes and license fees. You saved $ 9000 for a down payment and can get a four year car loan at 6.15%. Find the monthly payment and the total interest for the amortized loan.

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Question

Suppose that you decide to buy a car for

​$27,635 including taxes and license fees. You saved $ 9000 for a down payment and can get a four year car loan at 6.15%. Find the monthly payment and the total interest for the amortized loan.

 
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