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Business, 12.02.2021 04:10 danielle413

You want to borrow $73,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,250, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 78-month APR loan

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You want to borrow $73,000 from your local bank to buy a new sailboat. You can afford to make monthl...
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