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1 You want to buy an apartment for $86

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1 You want to buy an apartment for $86.600 and the finiance office at the dealership has qouted you a 7.1 percent APR loan for 60 months to buy the car. What will your monthly payment be?

2 

If you bought six month Treasury bill would you expect the amount of interest earned to be the same, less than or more than the stated interest rate? Why?