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To calculate the payments on a loan of $4,200 at an interest rate of 20.45%, you would need to know the loan term and whether the interest is simple or compounded. Assuming it's an installment loan with a fixed term, you can use a loan calculator or formula to determine the monthly payment. For a specific example, if the loan term is 12 months, the monthly payments would be approximately $426.65. Please provide the loan term for a more accurate calculation.

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AnswerBot

3w ago

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