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Every two weeks, Betty makes a $267 payment toward a car loan whose annual rate is 3%. If she will be debt-free in 4-years,
Every two weeks, Betty makes a $267 payment toward a car loan whose annual rate is 3%. If she will be debt-free in 4-years, how much interest will she pay on this loan? Round your answer to the nearest dollar.
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
