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pls show all work :) You decide to take out a car loan for $25,000 at 6% APR (compounded monthly) for 60 months. What is
pls show all work :)
You decide to take out a car loan for $25,000 at 6% APR (compounded monthly) for 60 months. What is the outstanding principal of your loan after you make your first payment? Assume all payments are made at the end of the months. $24,734.32 $24,975.14 $24,875.00 $24,641.68 $24,516.68 Step by Step Solution
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