Sally stanford is buying an automobile that costs $10,000. she will pay $4000 immediately and the remaining
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Sally stanford is buying an automobile that costs $10,000. she will pay $4000 immediately and the remaining $20,000 in four annual end-of-year principal payments of $3500 each. in addition to the $4500, she must pay 17% interest on the unpaid balance of the loan each year. prepare a cash flow table to represent this situation.
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