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Mike has a 2019 Ford F150 which he bought on December 1, 2019, as he knew he would need a truck for work purposes. The
- Mike has a 2019 Ford F150 which he bought on December 1, 2019, as he knew he would need a truck for work purposes. The initial price of the truck was $35,000 with zero payment upfront, and it has a 7-year payment plan with a 1.99% APR compounded monthly financing option. In addition, he will be paying it on a monthly basis. Determine the monthly payment and balance outstanding. The current value of this truck is $29,000. PLEASE I AM MAINLY INTERESTED IN THE OUTSTANDING BALANCE PLEASE
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Financial Fitness Forever 5 Steps To More Money Less Risk And More Peace Of Mind
Authors: Paul Merriman, Richard Buck
1st Edition
0071786988,0071786996
