Use a calculator for this exercise. Suppose you purchase a car for a total price...
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Finance
Use a calculator for this exercise. Suppose you purchase a car for a total price of $29,995, including taxes and license fee, and finance that amount for 5 years at an annual interest rate of 8% (Round your answers to the nearest cent.) (a) Find the monthly payment. (b) What is the total amount of interest paid over the term of the loan
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