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On January 1, 2022, William Das purchases a car for $26,000 and makes a 10% down payment. He obtains financing at 12% interest with semiannual
On January 1, 2022, William Das purchases a car for $26,000 and makes a 10% down payment. He obtains financing at 12% interest with semiannual payments over 5 years beginning July 1, 2022.
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