Question: difficulty in solving 13. Ali bought a Kia Forte 5 from Durham Kia for $20 078.00 on finance agreement with BMOL at 5.99% compounded monthly.

difficulty in solving

13. Ali bought a Kia Forte 5 from Durham Kia for $20 078.00 on finance agreement with BMOL at 5.99% compounded monthly. Calculate the monthly payment on the loan, If the financing period is 60 months. A) $334.63 B) $388.07 C) $451.15 D) $336.30
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