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Homework 10.3: Problem 3 Previous Problem Problem List Next Problem (2 points) Susie takes out a car loan for $4000 for a term of 10
Homework 10.3: Problem 3 Previous Problem Problem List Next Problem (2 points) Susie takes out a car loan for $4000 for a term of 10 years at 12% interest compounded monthly (a) Find her monthly payment (b) Find the total amount she pays for the car. (c) Find the total amount of interest she pays. (d) Find the amount she still owes after 1 year. $ (e) Find the amount she still owes after 2 years. $ Find the total interest she pays in year 2. $
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
978-0078110870
