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Suppose you would like to buy a car that costs $15600. You have $3500 for a down payment, and you will finance the rest with
Suppose you would like to buy a car that costs $15600. You have $3500 for a down payment, and you will finance the rest with a 5 year loan at 12% compounded monthly. Round all answers to the nearest cent. Find the monthly payment for the car. $ Find the total cost of the car. $ How much do you spend on interest? $
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Illustrating Finance Policy With Mathematica
Authors: Nicholas L. Georgakopoulos
1st Edition
3319953710, 978-3319953717
