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4. You are considering purchasing an automobile for $30,000. Borrow the purchase price and repay it in 72 months. The interest rate on your loan

4. You are considering purchasing an automobile for $30,000. Borrow the purchase price and repay it in 72 months. The interest rate on your loan would be 8%. What is your monthly payment? N I/Y PV PMT FV
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4. You are considering purchasing an automobile for $30,000. Borrow the purchase price and repay it in 72 months. The interest rate on your loan would be 8%. What is your monthly payment

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