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Suppose you take out a car loan that requires you to pay $8.000 now. 84,000 at the end of yoar 1, and $7.000 at the

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Suppose you take out a car loan that requires you to pay $8.000 now. 84,000 at the end of yoar 1, and $7.000 at the end of year 2. The interest rate is 5% now and increases to 7" in the next year. What is the present value of the payments? Enter your response below rounded to 2 decimal placen. Number

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