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Business, 23.07.2020 03:01 lalllda

You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over 5 years (60 months), and nominal annual interest rate will be 6%. What will be the monthly loan payment?

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You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over...
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