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7 Shawna borrows 17 650 at an interest rate of 7 8 compounded monthly to pay for a new car Shawna plans to repay the

7 Shawna borrows 17 650 at an interest rate of 7 8 compounded monthly to pay for a new car Shawna plans to repay the loan monthly over the next 4 years When Shawna s loan is paid in full how much will she have actually paid for the car N 1 PV PMT FV P Y C Y

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