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#8 You want to buy a car, and a local bank will lend you ( $ 15,000 ). The loan will be fully amortized over

#8 You want to buy a car, and a local bank will lend you $ \$ 15,000 $. The loan will be fully amortized over 5 years ( 60 months), and the nominal interest rate will be $ 6 \% $ With interest paid m 2 answers

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