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10. Suppose that you decide to buy a car for $36,635. You saved $9000 for dow payment and you can get a 5 year

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10. Suppose that you decide to buy a car for $36,635. You saved $9000 for dow payment and you can get a 5 year car loan at 7.88%. Use the formula PMT P() (1-(1+)-nt) (8 pts)

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