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John Collins is purchasing out a loan through the dealer for the rest at a nominal annual rate of 12.31% per year compounded semi- annually
John Collins is purchasing out a loan through the dealer for the rest at a nominal annual rate of 12.31% per year compounded semi- annually for four years. The cash flow at t 0 (at time now) $ number without commas and include the CF sign if negative). a new car for $30,000. John is going to put $14,000 down payment and will take (Write the 4T
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