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You want to buy a car, and a local bank will lend you $30,000.The loan would be fully amortized over 5 years (60 months), and
You want to buy a car, and a local bank will lend you $30,000.The loan would be fully amortized over 5 years (60 months), and thenominal interest rate would be 9%, with interest paid monthly.What i 2 answers
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
9th Edition
978-0134083285, 134083288, 978-0134084015
