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(a) Go online and find the MSRP for a vehicle you could see yourself purchasing. List the car, and the MSRP. (b) Most finance companies
(a) Go online and find the MSRP for a vehicle you could see yourself purchasing. List the car, and the MSRP. (b) Most finance companies want a down payment. Suppose you make a 10% down payment. How much are you financing? (c) In hypothetical-land, interest rates are 3.85% for a 5 year loan, compounded monthly. What is your monthly payment?
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