Marc has purchased a new car for 15000. he paid 2500 as, Ask an Expert

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Marc has purchased a new car for $15,000. He paid $2,500 as down payment and he paid the balance by a loan from his hometown bank. The loan is to be paid on a monthly basis for two years charging 12 percent interest. How much are the monthly payments?

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Accounting Basics, Accounting

Category:- Accounting Basics
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