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im getting 328.66 as my answer but it says that the correct answer 327.02 1 - 1 Fin 403 Sample Midterm 1 Suppose that you
im getting 328.66 as my answer but it says that the correct answer 327.02
1 - 1 Fin 403 Sample Midterm 1 Suppose that you wish to buy a new Mitsubishi Eclipse that will cost you $22,000. If you must put $5000 down, and will finance the rest at 6% APR for the next 60 months, paid at the beginning of each month. 9) What will your monthly payments be? a) 328.66- b) 283.33 c) 283.75 d) 327.02 e) None of the above 10) Suppose that you Step by Step Solution
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