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07-12-2021
Mathematics

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Alan bought a new car. The total amount he needs to borrow is $55,498. He plans on taking
out a 5-year loan at an APR of 4.21%. What is the monthly payment?

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07-12-2021

Answer: Alan's monthly payment would be $973.53.

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07-12-2021

Answer:

Alan monthly payment is going to be $56

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