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(1 point) (Exercise 3.2 ) The cash price of an automobile is $10200. The buyer is willing to finance the purchase at 16.5% convertible monthly

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(1 point) (Exercise 3.2 ) The cash price of an automobile is $10200. The buyer is willing to finance the purchase at 16.5% convertible monthly and to make payments of $200 at the end of each month for 6 years. Find the down payment that will be necessary

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