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Alan bought a new car. The total amount he needs to borrow is $55,498. He plans on taking out a 5-year loan at an APR of 4.21%. What is the monthly payment? O $1,027.35 O $1,385.38 O $1,400.34 O $1,100.
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Dec 2, 2023
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Alan bought a new car. The total amount he needs to borrow is $55,498. He plans on
taking out a 5-year loan at an APR of 4.21%. What is the monthly payment?
O $1,027.35
O $1,385.38
O $1,400.34
O $1,100.48
Mathematics
college
Dellon
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Answer:
1027.35
Explanation:
60 month/55498
Laquanda
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Dec 8, 2023
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Laquanda
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