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Principal 20,000.00 apr 3% time 5 years

Principal 20,000.00 apr 3% time 5 years
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Principal 20,000.00 apr 3% time 5 years

User Gurjeet
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11 votes

Answer:

It's the total amount owed on your car loan. Knowing that the annual interest rate on the loan is 3% and that it must be repaid in a year

Explanation:

User Technoweenie
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