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b. Instead of using the store's installment plan, Rob can borrow $5,000 at an APR of 7% from a local consumer finance company. What would
b. Instead of using the store's installment plan, Rob can borrow $5,000 at an APR of 7% from a local consumer finance company. What would be the monthly payment for this loan using the table from Example 1? Round to the nearest cent. (
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Financial Management In The Sport Industry
Authors: Matthew T Brown, Daniel Rascher, Mark S Nagel, Chad Mcevoy
1st Edition
1934432040, 978-1934432044
