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PLEASE USE EXCEL TO SOLVE. SHOW YOUR STEPS. You wish to plan to buy a Lamborghini. You estimate that it will be in two years
PLEASE USE EXCEL TO SOLVE. SHOW YOUR STEPS.
You wish to plan to buy a Lamborghini. You estimate that it will be in two years from now, and that it will cost $250,000. You will be making monthly savings in order to finance your car, assuming annual interest rate 12% and assuming that you make 24 monthly payments, starting, today and ending 23 months from now. What are the principal and the interest components of your 5th paymentStep by Step Solution
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