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5 . You are negotiating to buy a new car with a car salesman at a local dealer. You have negotiated the price to $
You are negotiating to buy a new car with a car salesman at a local dealer. You have negotiated the price to $ You have $ to put towards the down payment and plan to get a loan for the rest. If you can get an annual interest rate of percent APR with monthly compounding over a year period, what would be your monthly payment? Round it to two decimal place cents eg What is the present value of a year ordinary annuity with annual payments of $ evaluated at a percent interest rate? Round your answer to decimal places; for example A real estate investment has the following expected cash flows: Year Cash Flows $ The discount rate is percent. What is the investments present value? Round your answer to decimal places; for example Your Answer:
You are negotiating to buy a new car with a car salesman at a local dealer. You have negotiated the price to $ You have $ to put towards the down payment and plan to get a loan for the rest. If you can get an annual interest rate of percent APR with monthly compounding over a year period, what would be your monthly payment? Round it to two decimal place cents eg
What is the present value of a year ordinary annuity with annual payments of $ evaluated at a percent interest rate? Round your answer to decimal places; for example
A real estate investment has the following expected cash flows:
Year Cash Flows
$
The discount rate is percent. What is the investments present value? Round your answer to decimal places; for example
Your Answer:
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