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Suppose you take out a car loan that requires you to pay $8,000now, $5,000 at the end of year 1, and $7,000 at the end

Suppose you take out a car loan that requires you to pay $8,000now, $5,000 at the end of year 1, and $7,000 at the end of year 2.The interest rate is 5% now and increases to 9% in the next year.Wha 2 answers

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