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Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 2.5%. You have to pay $240
Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 2.5%. You have to pay $240 every month for 60 months. Attempt 2/10 for 10 pts. Part 1 What is the present value of the cash flows if it's an annuity due? 7418 Try again Try again See solution (-2 pts.) IB Attempt 1/10 for 10 pts. Part 2 What is the future value of the cash flows if it's an annuity due? 0+ decimals
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