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ii You have just purchased a car from "Friendly Sam." The selling price of the car is $6,500. You pay $500 deposit, then your monthly payments are...

1.ii ​You have just purchased a car from "Friendly Sam." The selling price of the car is $6,500. You pay $500 deposit, then your monthly payments are $317.22. The interest rate is 24% per annum, compounded monthly. How many payments must you make?​(1 Mark)

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