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You took out a loan to buy a new car. The monthly interest rate on the loan is 1.5%. You have to pay $220 every

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You took out a loan to buy a new car. The monthly interest rate on the loan is 1.5%. You have to pay $220 every month for 60 months. - Attempt 1/3 for 10 pts. What is the present value of the cash flows if it's an ordinary annuity? Attempt 1/3 for 10 pts. What is the future value of the cash flows if it's an ordinary annuity? What is the present value of the cash flows if it's an annuity due? What is the future value of the cash flows if it's an annuity due

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