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answer question. Exercise B-9 (Algo) Present value of an annuity LO P3 Dave Krug finances a new automoblle by parying $7.500 cash and agreeing to
answer question. 
Exercise B-9 (Algo) Present value of an annuity LO P3 Dave Krug finances a new automoblle by parying $7.500 cash and agreeing to make 30 monthly payments of $400 each, the first payment to be made one month after the purchase. The loan bears interest at an annual rate of 12%. What is the cost of the outomoble? (PV of S1, EV of S1. PVA of S1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to a decimal places.) Step by Step Solution
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
