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You just bought a used car for $11,000 with no down payment using dealer financing at 5% APR compounded monthly. If you make monthly
You just bought a used car for $11,000 with no down payment using dealer financing at 5% APR compounded monthly. If you make monthly payments of $450, how many months will it take you to payoff the loan?
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
