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You want to buy a new car. You can afford payments of $ 3 0 0 per month and can borrow the money at an
You want to buy a new car. You can afford payments of $ per month and can borrow the money at an interest rate of compounded monthly for years.
How much are you able to borrow?
$
How much interest do you pay?
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Financial Management Principles And Practices
Authors: Timothy J. Gallagher
9th Edition
1954156103, 978-1954156104
