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You want to buy a $20,000 car. The dealer offers you a 4-year loan with a 9 percent APR and no down payment required. Assuming
You want to buy a $20,000 car. The dealer offers you a 4-year loan with a 9 percent APR and no down payment required. Assuming monthly compounding, what will the monthly payments be?
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Financial Management An Introduction
Authors: Jim McMenamin
1st Edition
0415181623, 9780415181624
