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Dave Krug finances a new automobile by paying $ 6 , 8 0 0 cash and agreeing to make 2 0 monthly payments of $
Dave Krug finances a new automobile by paying $ cash and agreeing to make monthly payments of $
each, the first payment to be made one month after the purchase. The loan bears interest at an annual rate of What
is the cost of the automobile? PV of $ FV of $ PVA of $ and FVA of $Use appropriate factors from the tables
provided. Round "Table Factor" to decimal places.
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