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Question 2 8 pts A car loan has an amortization period of 72 months. The loan is for $25,800 and the APR is 3.99%. What
Question 2 8 pts A car loan has an amortization period of 72 months. The loan is for $25,800 and the APR is 3.99%. What is the balance of the loan at the end of the amortization period? Round your answer to 2 decimal places. (For example 2.437 = 2.44)
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
