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You need to determine when the present value of the savings ($38.32) equals the $2,000 upfront. Using a financial calculator, this is: i = 1,

You need to determine when the present value of the savings ($38.32) equals the $2,000 upfront. Using a financial calculator, this is: i = 1, PV = -2,000, PMT = 38.32 Calculate n.

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