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An installment contract for the purchase of a car requires payments of $328.60 at the end of each month for the next five years. Suppose
An installment contract for the purchase of a car requires payments of $328.60 at the end of each month for the next five years. Suppose interest is 12.8% p.a. compounded monthly. What is the amount financed?
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Analysis For Financial Management
Authors: Robert Higgins
6th Edition
0071181172, 9780071181174
