Kerri James is considering buying a car. She wants to buy the new VW Beetle that will
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Question:
- Kerri James is considering buying a car. She wants to buy the new VW Beetle that will cost her $17,600, she says. It will finance 90% of the purchase price (i.e. make a 10% down payment) at an annual interest rate of 6 percent in monthly payments for three years.
- How much will the monthly payment be?
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