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ANSWER Question 6 (7 marks) Jason bought a new car. He paid $599 per month for 3 years and a $1,500 down payment now. The

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ANSWER Question 6 (7 marks) Jason bought a new car. He paid $599 per month for 3 years and a $1,500 down payment now. The car loan was at 6.4% effective. (a) What was the cash value of the car, if the first payment is in one month? [4 marks] B/ E PIY CHY IVYPVPMT z ANSWER (b) What was the cost of financing? [3 mark ANSWER Type here to search

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