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Posted on Jul 16, 2024

Suppose you want a car that costs $ 3 5 , 0 0 0 . You plan to get a six - year car loan

Suppose you want a car that costs $

35, 000 .

You plan to get a six

-

year car loan with an annual rate of

6 % .

Compute your monthly car payment. Construct a loan amortization table for the loan in Excel using the monthly car payments. Include the actual Excel spreadsheet.

(

Do not cut and paste into a Word document.

)

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