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You are going to purchase a corvette for $60,00 the interest rate is 4% and you will be paying off the loan in 5 years. What will be your monthly payment?

You are going to purchase a corvette for $60,00 the interest rate is 4% and you will be paying off the loan in 5 years. What will be your monthly payment?
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5 votes
you are going to purchase a corvette for $60,00 the interest rate is 4% and you will be paying off the loan in 5 years. What will be your monthly payment?

User Jeremy Cook
by
8.4k points

1 Answer

4 votes
Um I think you do 5 divide by 6000
User Vivasvan Patel
by
7.4k points
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