How much is each monthly payment, Microeconomics

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How much is each monthly payment

Problem

To buy a new automobile, Brian Williams takes out a loan of $12,000 at 6% interest with monthly payments over 5 years. How much is each monthly payment? How much interest is paid over the loan's life?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How much is each monthly payment

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Microeconomics: How much is each monthly payment

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