You are considering purchasing a new car that will cost you $32,000. 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 $32,000 and finance through the dealer, your monthly payments will be (round to the nearest dollar): a. $1,171 b. $602 c. $1,086 d. $974

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Q: None

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