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Annuity Payment and EAR You want to buy a car, and a local bank will lend you $20,000. The loan would be fully amortized over

Annuity Payment and EAR You want to buy a car, and a local bank will lend you $20,000. The loan would be fully amortized over 3 years (36 months), and the nominal interest rate would be 9%, with inter...

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