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Assume that you can buy the new Volvo Car paying $350 at the end of each month for the next 7 years, plus a down
Assume that you can buy the new Volvo Car paying $350 at the end of each month for the next 7 years, plus a down payments of $2,500. How much is the cost of the Volvo Car if the annual percentage rate is 9%? ( $250
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