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You are an officer of a commercial bank and wish to sell one of the bank's assets-a car loan--to another bank. Using the following equation,

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You are an officer of a commercial bank and wish to sell one of the bank's assets-a car loan--to another bank. Using the following equation, compute the price you expect to receive for the loan if the annual interest rate is 6 percent, the car payment is $430 per month, and the loan term is five years. Instructions: First, find the monthly rate in decimal form and round to 5 digits. Use that value to calculate the value of the car loan. Enter your final answer as a whole number, PV = (9)[--ros

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