Question: Suppose you borrow $ 1 7 , 0 0 0 to buy a car at an annual interest rate of 2 % , and you

Suppose you borrow $17,000 to buy a car at an annual interest rate of 2%, and you will pay it off in monthly installments over the next 5 years. It is a fixed-payment loan.
What is your monthly payment?
Suppose you borrow $17,000 to buy a car at an annual

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