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An investment will give you monthly payments of $1,867 for 12 years. If your required return is 10.29 %, what is it worth today? You

  1. An investment will give you monthly payments of $1,867 for 12 years. If your required return is 10.29 %, what is it worth today?

  1. You bought a car and will pay back $400 per month for 48 months. If the rate is 3.04 %, how much did you borrow?

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