Question: InGrease! Kenickie loved thehot-rodding work of art on wheels.Let's assume he wanted to purchase his first new car in2015; the cost of the car is$20,000.

InGrease! Kenickie loved thehot-rodding work of art on wheels.Let's assume he wanted to purchase his first new car in2015; the cost of the car is$20,000. He will have$4000 down payment but will finance the rest at4% for 60 months. What will his monthly paymentbe?

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