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PLEASE please draw cash flow diagram too QUESTION 4 Joe bought a new car with a price tag of $29,500. He paid $4,500 up front
PLEASE please draw cash flow diagram too
QUESTION 4 Joe bought a new car with a price tag of $29,500. He paid $4,500 up front (down payment) and agreed to 72 monthly payments $375. Estimate: the monthly interest rate he is paying. The monthly life-cycle cost of this car, assuming that immediately after the 72nd payment can be sold as used for $3,500, (ignore the cost of maintenance). Attach File Browse Local FilesStep by Step Solution
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