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5-8 Loan amortization and ear You want to buy a car, and a local bank will lend you $40,000. The loan will be fully amortized

5-8 Loan amortization and ear You want to buy a car, and a local bank will lend you $40,000. The loan will be fully amortized over 5 years (60 months), and the nomial interest rate will be 8% with ...

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