marc has bought a new car for 15000 he paid 2500


Marc has bought 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 2 years charging 12 % interest. Find how much are the monthly payments?

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Financial Accounting: marc has bought a new car for 15000 he paid 2500
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