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question. (1) You have decided to purchase a new automobile with a hyprid-fueled engine and a six-speed transmission. After the trade-in of your present car,

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question. (1) You have decided to purchase a new automobile with a hyprid-fueled engine and a six-speed transmission. After the trade-in of your present car, the purchase price of the new automobile is $30,000. This balance can be financed by an auto dealer at 3%APR with payment over 48 months. Alternatively, you can get a $2000 discount on the purchase price if you finance the loan balance at an APR of 9% over 48 months. Should you accept the 3 % finance plan or accept the dealer's offer of a $2000 rebate with 9% Financing? Both APR are compounded monthly golo Finan (4) Emma plans to purchase a $1000, 12 percent semi-annual bond, hold it for 3 years, receive six coupon payments, and redeem it at par value. What is maximum amount she should pay for the bond if she wants to earn at least 14 percent compounded semiannually on her investment

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