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23-05-2023
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24 - John Wick bought a racing car for $7.5 million. He didn't have enough cash so he put down as a payment only 17 percent in cash and the rest was financed. The loan has monthly payments for 20 years with a rate of 9 percent per year. What is the amount of each monthly payment? A. $56,007.94 B. $47,758.87 C. $29,708.11 D. $22,322.35 E. $14,777.17

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