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Isabella is looking to purchase an extremely fancy car without having to pay anything up front. On January 1 st , Year 1 , a
Isabella is looking to purchase an extremely fancy car without having to pay anything up front. On January st Year a dealer offers her a payment plan for a SportsCar Pro, which requests she pays $ every six months, starting July st Year for the next years. At the end of the six years, Isabella will make the final payment in the payment plan, along with a lumpsum payment of $ Assuming an annual interest rate how much money would Isabella need today to satisfy this given liability? Round your final answer to the nearest two decimal places.
Isabella is looking to purchase an extremely fancy car without having to pay anything up front. On January st Year a dealer offers her a payment plan for a SportsCar Pro, which requests she pays $ every six months, starting July st Year for the next years. At the end of the six years, Isabella will make the final payment in the payment plan, along with a lumpsum payment of $ Assuming an annual interest rate how much money would Isabella need today to satisfy this given liability? Round your final answer to the nearest two decimal places.
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