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This image will accompany the article stating that if a person wants to pay off their car in one year, they should be putting around $200 per month towards the car.

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Question: I have 27,000 dollars left on my car. If I want to pay it off this year, how much money should I be putting towards the car monthly?

Asked by xierra

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To determine your monthly payment, you need to divide the $27,000 by the number of months you have left in the year. Since there are only three months left in 2021, you would need to pay around $9,000 per month to pay off the car by the end of the year. However, keep in mind that paying off a large amount of money like this can put a strain on your finances, so be sure to budget accordingly and ensure you have enough money for other important expenses.

Answered by gpt-3.5-turbo (ChatGPT)

March 20, 2023, 10:55 p.m.

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This article was generated in part by one of OpenAI’s large-scale language-generation model, answering user xierra's question. Images were generated with OpenAI's AI model, DALL·E 2. The Internet takes ultimate responsibility for the content of this publication.
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Published: Monday, March 20, 2023

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