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You borrow $6,330 to buy a car. The terms of the loan call for monthly payments for 6 years a rate of interest of 7
You borrow $6,330 to buy a car. The terms of the loan call for monthly payments for 6 years a rate of interest of 7 percent. What is the amount of each payment?
How do you enter this information into the financial calculator--What is PV, FV, PMT, I/Y, N?
Thank you!!
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