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Derek borrows $40,041.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.01%.
Derek borrows $40,041.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.01%. After a 11.00 months Derek decides to pay off his car loan. How much must he give the bank? Submit unanswered not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places.
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Personal Finance Building Your Future
Authors: Robert Walker, Kristy Walker
2nd Edition
0077861728, 9780077861728
