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7. You buy a new porsche convertible, put no money down, and agree to make the payments in equal monthly installments over the next 5
| 7. You buy a new porsche convertible, put no money down, and agree to make the payments in | ||||||
| equal monthly installments over the next 5 years. If the car costs $120,000 and the dealer | ||||||
| charges you 3%, estimate your monthly payments. (2 points) | ||||||
| NPER | ANSWER | |||||
| RATE | ||||||
| PMT | ?? | |||||
| PV | ** negative # | |||||
| FV | ||||||
| TYPE | ||||||
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Handbook Of Environmental And Sustainable Finance
Authors: Vikash Ramiah, Greg N. Gregoriou
1st Edition
012803615X, 978-0128036150
