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a car dealership offere you no money down on a new car .you may pay for the car for 4years by equal monthly ebd of

a car dealership offere you no money down on a new car .you may pay for the car for 4years by equal monthly ebd of the month payments of $583 each with the forst payment to be made one month from today if the discount annual rate is 17.04 percent compounded monthly what is the present value of the car payments?

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