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This morning, you borrowed $24,000 to buy a car. The quoted annual interest rate is 12%. The loan is to be repaid in equal Total

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This morning, you borrowed $24,000 to buy a car. The quoted annual interest rate is 12%. The loan is to be repaid in equal Total Monthly Payments over 4 years. The first payment is due one month from today How much is the Beginning Balance in the last month of the termoan? A 1632.00 552575 5403.89

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