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please solve by hand and show all formulas used Problem 4. We know a car can be had for 60 monthly payments of $399, and
please solve by hand and show all formulas used
Problem 4. We know a car can be had for 60 monthly payments of $399, and that a year has 365 days and a month has 30 days. The dealer has set us a nominal interest rate of 4.5% compounded daily. What is the purchase price Step by Step Solution
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