he price of a new car is $10,000. Assume that an individual makes a down...
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he price of a new car is $10,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of ear compounded moothly. Round your answers to the rest cent) (a) What monthly payment will she be required to make it the car is financed over a period of 24 month? Over a period of 5 months? 24 months $ 36 months (b) What will the interest charges beshe vects the 24- month pan> The 36-month lan 24-month plan 36-month plari
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