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You are paying $20000 for a car. If the loan amount is $18000, the loan term is 36 months, and the APR is 7 percent,
You are paying $20000 for a car. If the loan amount is $18000, the loan term is 36 months, and the APR is 7 percent, what is your loan payment?
a)$565.79
b)$450.79
c)$555.79
d)$617.54
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Financial Analysis And Modeling Using Excel And VBA
Authors: Chandan Sengupta
2nd Edition
047027560X, 978-0470275603
