7. You are interested in purchasing a new car that costs $40,000. The dealership offers you a
special financing rate of 6% APR (0.5%) per month for 48 months. Assuming that you make a
down payment of $5,000 on the auto and you take the dealer's financing deal, then your monthly
car payments would be closest to:
(A) $842.
(B) $729.
(C) $822.
(D) $647.
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