Question: You purchase a vehicle for $ 5 7 , 0 0 0 , pay $ 1 7 , 0 0 0 as a down -
You purchase a vehicle for $ pay $ as a downpayment and finance the remainder. The vehicle loan is to be paid off in equal monthly payments over the next years. The nominal interest rate on the loan is compounded monthly. Find the value of the payments. The answer is within $ of which of the following?
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