Question: You are considering purchasing a new car that will cost you $28000. The dealer offers you 4.9% APR financing for 60 months (with payments made

You are considering purchasing a new car that will cost you

You are considering purchasing a new car that will cost you $28000. The dealer offers you 4.9% APR financing for 60 months (with payments made at the end of the month). Assuming you finance the entire $28000 and finance through the dealer, your monthly payments will be closest to: (Rounded to nearest dollar)

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