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06-06-2023
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A Tesla model 3 can be purchased for $40,000. If borrowing rates are 0.5% per month for a term of 6 years with monthly payments, what is the payment each month starting one month from today when the total amount of $40,000 is financed? a. 5809.13 b. $899.45 c. $867.21 d. $662.91 e. $765.45

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