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Annuity Payment and EARYou want to buy a car, and a local bank will lend you $30,000.The loan would be fully amortized over 5 years
Annuity Payment and EARYou want to buy a car, and a local bank will lend you $30,000.The loan would be fully amortized over 5 years (60 months), and thenominal interest rate would be 9%, with inter 1 answer
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
