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Suppose that a car dealer offers to sell you a car for $16500 or for payments of $275 per month for six years. To figure
Suppose that a car dealer offers to sell you a car for $16500 or for payments of $275 per month for six years. To figure out what monthly interest (x) youre actually being charged, youd have to solve the equation: f(x) = 60x(1+x)72- (1+x)72 + 1 = 0
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