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The bank has established the following terms for you with the following rates. - Up to 12 months, 32% annual effective. - Up to 18
The bank has established the following terms for you with the following rates.
- Up to 12 months, 32% annual effective.
- Up to 18 months, 36% annual effective.
- Up to 24 months, 38% annual effective.
If they financed you with $ 500,000, with 24 installments, to what value will the installments amount?
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