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17. f you take out an $30,000 car loan that calls for 6 annual payments starting at the end of the year. The car loan

17.

f you take out an $30,000 car loan that calls for 6 annual payments starting at the end of the year. The car loan has an interest rate of 10.40%, what is your annual payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Annual Payments $

.b If you take out an $30,000 car loan that calls for 6 annual payments starting at the beginning of the year. The car loan has an interest rate of 10.40%, what is your annual payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Annual Payments $

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