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Question: jane got a 40000 car loan from the bank at...

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Jane got a $40,000 car loan from the bank. At 1% monthly interest rate, Jane has to make 30 monthly payments of approximately $1,550 each starting one month from the date the loan was acquired. The balance on the loan immediately after making the 10th monthly payment is very nearly equal to OA. $14,681 ( B. $24,500 O C. $27.971 OD, $12,029 E. $25,319

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