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Principle of finance 9. You take out a 5 -year car loan of $10,000, and if the interest rate is 3 percent, what is your
Principle of finance
9. You take out a 5 -year car loan of $10,000, and if the interest rate is 3 percent, what is your annual loan payment? 0. For problem A9, in your first payment, how much is the interest amount and how much is the repayment of principal Step by Step Solution
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