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Question 15 (0.75 points) The cost of financing reflects (pick only one) the total amount paid for the car the sum of the car payments

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Question 15 (0.75 points) The "cost of financing" reflects (pick only one) the total amount paid for the car the sum of the car payments the future value of the car payments the sum of the car payments less the amount borrowed Question 16 (0.75 points) To determine how much money you will need to retire, you should (check all that apply) determine how much you will need to withdraw from the account on a regular basis estimate how many payment intervals you will need the money to last find the FV of the payments you will receive during retirement find the PV of the amount you will need to have in place on retirement day. Question 17 (0.75 points) Saved 0% financing options on car loans have an implied interest cost equivalent to the value of the cash back option given up by taking the 0% interest on the loan. True False

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