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Question 9 (0.5 points) You just bought a used car for $10,000 with no down payment using dealer financing at 7% APR compounded monthly. If

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Question 9 (0.5 points) You just bought a used car for $10,000 with no down payment using dealer financing at 7% APR compounded monthly. If you make monthly payments of $450, how many months will it take you to payoff the loan? Your Answer: 8 Answer Question 10 (0.5 points) You save $900 a year into a 401(k) account that you invest in a mutual fund earning 7% per year. You plan to retire in 30 years. How much money will you have in your account at retirement? Your Answer: Anar

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