Question: D E H G B 1 2 3 Question 1, Part C(20 Points) In order to buy you new car you took out a loan

D E H G B 1 2 3 Question 1, Part C(20 Points) In order to buy you new car you took out a loan of $40,000. The loan will run for 6 years and carry a rate of 5% compounded monthly. What will the monthly payment be on the loan? 4 5 6 7 8 9 10 11 12 15 16 17 IS 19 20 21 22 24 25 26 Questions - Part Question Part Question 1 - Part Quion 1 - Part Question - Part Question 2 18 S esc 00 $ A 2 $ 4 & 3 5 6 7 00

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