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Kim buys a car by putting a down payment of $ 2 0 0 0 and monthly payments of $ 1 2 8 for the
Kim buys a car by putting a down payment of $ and monthly payments of $ for the next years. If the interest rate is compounded monthly, what is the value of the car today?
Answer: $
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
