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9. Your parents offer you an alternative to the car loan in problem 5, they will lend you the $16,000 today and will not require
9. Your parents offer you an alternative to the car loan in problem 5, they will lend you the $16,000 today and will not require any payments from you until 5 years from now (when they believe you will be in better financial condition), but will require you to pay them $22,500 at that time. Assuming you will have to pay your parents back in five years (they aren't the loan-forgiving kind ), should you take them up on their offer or should stick with the car loan in problem five? (8 points) you 9. Your parents offer you an alternative to the car loan in problem 5, they will lend you the $16,000 today and will not require any payments from you until 5 years from now (when they believe you will be in better financial condition), but will require you to pay them $22,500 at that time. Assuming you will have to pay your parents back in five years (they aren't the loan-forgiving kind ), should you take them up on their offer or should stick with the car loan in problem five? (8 points) you
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