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could you please help me solve this using the formula or how i could solve this using the financial calculator. im not supposed to use
could you please help me solve this using the formula or how i could solve this using the financial calculator. im not supposed to use the PV and PVA value tables.
You have decided to buy a used car. The dealer has offered you two options: (FV of $1. PV of $1. FVA of $1, and PVA of $1 (Use the appropriate factor(s) from the tables provided.) a. Pay $670 per month for 30 months and an additional $10,000 at the end of 30 months. The dealer is charging an annual interest rate of 24%. b. Make a one-time payment of $20,527, due when you purchase the car. look 1-a. Determine how much cash the dealer would charge in option (a). (Round your final answer to nearest whole dollar.)
could you please help me solve this using the formula or how i could solve this using the financial calculator. im not supposed to use the PV and PVA value tables.
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