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Using the following information, what is the cost to buy a car? Down payment Monthly loan payment Opportunity cost of down payment Estimated value of
Using the following information, what is the cost to buy a car? Down payment Monthly loan payment Opportunity cost of down payment Estimated value of vehicle at end of ownership period $4,250 $495 per month for a five-year loan $4,250 xx loan period (in years) xx2% interest $5,250
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