The price of a new car is $20,000. Acume that an individual makes a down...
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The price of a new car is $20,000. Acume that an individual makes a down payment of 25% toward the purchase of the car and secure financing for the balance the rate of year compounded monthly. (Round your answers to the nearest cent.) () What monthly payment will she be required to make it the car is financed over a perlod of 60 months? over a period of 72 months? 60 months $ 72 months $ (6) What will the interest charges be if she elects the 60-month plan? The 72-month plan? 60-month plan $ 72-month plan 5 Need Help
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