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1. In buying a car, Amiel pats $10,000.00 cash and agrees to pay $790,000.00 for 4 years at 12% interest compounded monthly. Find the cash
1. In buying a car, Amiel pats $10,000.00 cash and agrees to pay $790,000.00 for 4 years at 12% interest compounded monthly. Find the cash value of the car. 2. Which is better for the depositor, ...
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