Suppose you are considering buying a new car you are going, Financial Management

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Suppose you are considering buying a new car you are going

Suppose you are considering buying a new car. You are going to make monthly payments (at the end of each month) on a loan of $33,000 for five years. If the annual percentage rate is 7.5% what is your monthly payment? Based on your payment, what is the total you end up paying over the five years? How much of that is interest?

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