Question: Derek borrows $44,812 to buy a car .He will make monthly payments for 6 years . The car loan has an interest rate of 5.71%

Derek borrows $44,812 to buy a car .He will make monthly payments for 6 years . The car loan has an interest rate of 5.71% . After a 13 months Derek decides to pay off his car loan. How much must he give the bank

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