Question: please answer question 23. Thank you! 23). Using the same facts as #16, how long would it take to pay off 60% of the a.

please answer question 23. Thank you!

23). Using the same facts as #16, how long would it take to pay off 60% of the a. About 45 months b. About 50 months c. About 55 months d. About 37 months 16) A car loan for $38,550 has an interest rate of 2.25% and is amortized over 60 months. What is the monthly payment on the loan? a. $425.78 b. $679.92 c. $436.98 d. $351.24

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