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You want to buy a $13,250 car and the dealer offers you a 8-year loan with an 4.25% APR and no down payment required -
"You want to buy a $13,250 car and the dealer offers you a 8-year loan with an 4.25% APR and no down payment required - Assuming monthly compounding, what will the monthly payments be?"
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
6th Edition
0132719169, 978-0132719162
