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Two years ago you purchased a new SUV. You financed your SUV for 60 months (with payments made at the end of the month) with
Two years ago you purchased a new SUV. You financed your SUV for 60 months (with payments made at the end of the month) with a loan at 5.9% APR. You monthly payments are $617.16 and you have just made your 24th monthly payment on your SUV. Assuming that you have made all of the first 24 payments on time, what is the outstanding principal balance on your SUV loan?
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The Professional Risk Managers Guide To Financial Market Bond Markets
Authors: Professional Risk Managers' International Association (PRMIA)
1st Edition
0071738932
