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Business, 27.07.2020 01:01 zacharyminnick123

you want to borrow $89000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1850, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 60 month APR loan?

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you want to borrow $89000 from your local bank to buy a new sailboat. You can afford to make monthly...
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