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Question 5 1 pts What is the market value of Investment XYZ if it pays $3,168 per month, starting next month, for 8 months and
Question 5 1 pts What is the market value of Investment XYZ if it pays $3,168 per month, starting next month, for 8 months and the interest rate is 4.32% APR compounded monthly? Question 6 1 pts You want to buy a car that's currently priced at $25,903. The price of the car in one year will be $23,198 since it will be last year's model. You currently don't have anything in your bank account. Consequently, if you buy the car today you will borrow $25,903 from your parents who will charge you 3.15% APR compounded monthly. You will repay the entire loan balance in one year if you decide to buy the car today. How much will you save (viewed as of one year from now) if you wait to buy the car
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