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Financial Literacy
Calculating Monthly Payments
Determining the Cost of an Item
You will pay for your car in 72 monthly payments. Each payment is $400. How much does your car cost?(1 point) Responses $2,880 $2,880 $18,000 $18,000 $68, 600 $68, 600 $28,800
1 answer
The car costs $28,800.
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