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Suppose that a Concordia student wants to take out a car loan for $20,000. For each of the following scenarios calculate the fixed yearly payment

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Suppose that a Concordia student wants to take out a car loan for $20,000. For each of the following scenarios calculate the fixed yearly payment (FP) and the total payments over the course of the loan: a) n-3 and i-.03 b) n-5 and i-.05 c) n 4 and i .08

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