Question
You want to buy a new sports car for $96,872. The contract is in the form of a 69-month annuity due at a 8.34 percent
You want to buy a new sports car for $96,872. The contract is in the form of a 69-month annuity due at a 8.34 percent APR. What will your monthly payment (in $) be? Answer to two decimals.
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
7th Edition
0538877766, 9780538877763
