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Suppose you want to borrow $20,000 for a new car. You can borrow at 8 percent per year, compounded monthly If you take a 4-year
Suppose you want to borrow $20,000 for a new car. You can borrow at 8 percent per year, compounded monthly If you take a 4-year loan, what is your monthly payment?
| a. | $566.87 | |
| b. | $505.33 | |
| c. | $503.20 | |
| d. | $535.11 | |
| e. | $488.26 |
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Commodity Market Trading And Investment
Authors: Tom James
1st Edition
1137432802, 978-1137432803
