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You have decided to buy a car that costs $12,208.37. The local bank will give you a 5-year loan at an annual interest rate of
You have decided to buy a car that costs $12,208.37. The local bank will give you a 5-year loan at an annual interest rate of 13%, with a 10% down payment required. What will the amount of the monthly payments be? ENTER YOUR ANSWER AS A POSITIVE NUMBER
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
