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Ted can afford to pay $420 per month for the next 7 years in order to purchase a new car. The interest rate is 7
Ted can afford to pay $420 per month for the next 7 years in order to purchase a new car. The interest rate is 7 4 percent compounded me for a new car today? Select one: O a. $46,041.01 O b. $27,470.79 h O c. $27,220.19 O d. $28,386.48 e. $26,097.25 Du have just purchased a car and to fund the purchase, you borrowed $25,000. If your monthly payments are $402.18 for the next 6
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