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Previous Page Next Page Page 3 Question 3 (5 points) Saphir buys a Subaru for $30,000.00 and signs a note to repay the debt in

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Previous Page Next Page Page 3 Question 3 (5 points) Saphir buys a Subaru for $30,000.00 and signs a note to repay the debt in equal monthly payments of $594.04 over 5 years at 7% c.m. Calculate the balance owing just after the 15th payment. Show the Merchants' balance formula. Paragraph V BI U

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