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Dave Krug finances a new automobile by paying $6.800 cash and agreeing to make 20 monthly payments of 5120 each the first payment to be

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Dave Krug finances a new automobile by paying $6.800 cash and agreeing to make 20 monthly payments of 5120 each the first payment to be made one month after the purchase. The loan bears Interest at an annual rate of 12%. What is the cost of the automobile? CV of $1. V of $1. PVA of S1 and EVA of $1) (Use appropriate foctor(s) from the tables provided. Round "Toble Foctor" to 4 decimal places.) Monthly Payment Table Factor Present Value of Loan Table Values are Based on: Present Value of Loan Cash Downs Payment Cost of the Automobile

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