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undefined vv Dave Score: 0 of 1 pt 7 of 16 (0 complete) HW Score: 0%, 0 of 16 pts P4-10 (similar to) Question Help

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vv Dave Score: 0 of 1 pt 7 of 16 (0 complete) HW Score: 0%, 0 of 16 pts P4-10 (similar to) Question Help Present value. A smooth-talking used-car salesman who smiles considerably is offering you a great deal on a "pre-owned" car. He says, "For only 7 annual payments of $2,700, this beautiful 1998 Honda Civic can be yours." If you can borrow money at 8%, what is the price of this car? Assume the payment is made at the end of each year. If you can borrow money at 8%, what is the price of this car? s(Round to the nearest cent.)

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