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Calculate the implied ANNUAL interest rate on an $25,000 5-year car loan if you repay the loan at the end of year five and have
Calculate the implied ANNUAL interest rate on an $25,000 5-year car loan if you repay the loan at the end of year five and have made monthly payments of the end of each month of $525 per month? Create an amortization table for this loan
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Business Finance
Authors: Ronald R. Pitfield
1st Edition
0852581513, 978-0852581513
