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OpenStudy (anonymous):
Mike wants to buy a new Dodge Charger. He is able to negotiate a price of $21,500 for the color and options he wanted. He can secure a 48 month amortized car loan at 6.8% if he can make a down payment of 20% of the price. How much are his car payments? Do not round until the end of the problem and then round your final answer to two decimal places
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