What is the value after 7 years of a 2014 ford mustang that originally costs 25,000.00 if it depreciates at a rate of 8% per year?

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Mr. and mrs. wallace have decided to buy a car for $21,600. they finance $15,000 of it with a 5-year auto loan at 2.9% arp. what will be their monthly payment be? a. $268.20 b. $268.86 c. $269.54 d. $387.16 i need !

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