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Business, 04.02.2020 15:50 thezbell

1. lindsay needs to purchase a car. the car she is planning on purchasing costs $8,000 and she has $2,000 that she will be using as a down payment. she is offered credit terms of 3% apr for a term of 3 years. calculate the following:

1) the total amount of interest she will pay over the 3 year period (in dollars)

2) the actual cost of the car after financing is added in (in dollars)

3) the monthly payment she will owe (in dollars)

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