You want to buy a new sports car from Muscle Motors for $55,000. The contract is in
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Question:
You want to buy a new sports car from Muscle Motors for $55,000. The contract is in the form of an annuity due for 36 months at an APR of 9.50 percent.What will your monthly payment be?
- $1,782.93
- $1,713.01
- $1,761.81
- $1,660.58
- $1,747.97
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