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The price of a new car is $16,000. Assume an individual makes a down payment of 25% toward the purchase of the car and secure
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25 logo = 12000 = 12 .. 72 RE 7=11s = Giveni, New Car Peice P= 16,000. down payment 25.1. (16,000) = 400.0 (paid) Remaining 1

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