Mike bought a car three years ago he paid 45000 and, Finance Basics

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Mike bought a car three years ago he paid 45000 and

Question: Mike bought a car three years ago. He paid $45,000 and financed it for 5 years at 2% annual interest with monthly payments. He decided to buy a truck and sell his car. About how much is the loan balance on the car today? Please show all steps. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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