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14) Sam is buying a car and will finance it with a loan that requires monthly payments of $421.35 for the next six years. His

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14) Sam is buying a car and will finance it with a loan that requires monthly payments of $421.35 for the next six years. His car payments can be described by which one of the following terms? A) Perpetuity B) Present value C) Future value D) Lump sum E) Annuity

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