Question: Bob bought a new car for $ 3 2 , 0 0 0 with a loan that will be amortized over 5 years. The best

Bob bought a new car for $32,000 with a loan that will be amortized over 5 years. The best interest rate he got from his bank for the loan was 1.49 percent compounded annually. What is Bob's monthly car payment?
A. $514.17
B. $520.88
C. $574.27
D. $553.64
 Bob bought a new car for $32,000 with a loan that

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