You plan to buy a new car the price is 30000 and you will


You plan to buy a new car. The price is $30,000 and you will make a down payment of $4,000. Your annual interest rate is 10% and you intend to pay for the car over five years. What will be your monthly payment?

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Financial Management: You plan to buy a new car the price is 30000 and you will
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