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Eric borrows $21000 to purchase a used truck. He is able to secure a loan for 5 years at 6.9% interest compounded monthly, which makes
Eric borrows $21000 to purchase a used truck. He is able to secure a loan for 5 years at 6.9% interest compounded monthly, which makes his payments $414.84. After 5 years of making payments, how much would Eric still owe?
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
538476125, 978-0538476126
