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You took out a loan to buy a new car. The monthly interest rate on the loan is 0.9%. You have to pay $260 every

You took out a loan to buy a new car. The monthly interest rate on the loan is 0.9%. You have to pay $260 every month for 60 months, starting one month from now.

What is the present value of the cash flows?

What is the future value of the cash flows?

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