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Financial mathematics To acquire a car on credit, a payment of $ 2,000.00 and 60 monthly letters of $ 290.00 must be paid starting at
Financial mathematics
To acquire a car on credit, a payment of $ 2,000.00 and 60 monthly letters of $ 290.00 must be paid starting at the time of delivery of the vehicle. If the interest charged is 15% convertible each month, what is the total value you are going to pay for the car?
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