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Answered Derek decides to buy a new car. The dealership offers him a choice of paying $ 5 1 8 . 0 0 per month
Answered Derek decides to buy a new car. The dealership offers him a choice of paying $ per month for years with the first payment due next month or paying some $ today. He can borrow money from his bank to buy the car. What interest rate makes him indifferent between the two options? 
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Derek decides to buy a new car. The dealership offers him a choice of paying $ per month for years with the first payment due next month or paying some $ today. He can borrow money from his bank to buy the car. What interest rate makes him indifferent between the two options?
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Public Finance In Canada
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
5th Canadian Edition
1259030776, 978-1259030772
