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Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 1%. You have to pay $250

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Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 1%. You have to pay $250 every month for 60 months. Part 1 IB Attempt 1/3 for 10 pts. What is the present value of the cash flows if it's an ordinary annuity? 0+ decimals Submit IB Attempt 1/3 for 10 pts. Part 2 What is the future value of the cash flows if it's an ordinary annuity? 0+ decimals Submit

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