Question: Scenario 2 ( Use to answer Questions 3 - 4 ) : You have your heart set on buying a new car upon graduation. The

Scenario 2(Use to answer Questions 3-4): You have your heart set on buying a new car upon graduation. The purchase price of the car you want is $28,000.
1) if you finance it for 60 months at 6% annual interest what will be your monthly payment?

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