Question: Derek borrows $ 3 9 , 8 3 0 . 0 0 to buy a car. He will make monthly payments for 6 years. The

Derek borrows $39,830.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.48%. After a 13.00 months Derek decides to pay off his car loan. How much must he give the bank?

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