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Business, 03.09.2021 01:30 bunng7387

Suppose you have selected a new car to purchase for $19,500. If the car can be financed over a period of 4 years at an annual rate of 6.9% compounded monthly, how much will your monthly payments be? How much of your first payment is interest? How much of your second payment is interest?​

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Suppose you have selected a new car to purchase for $19,500. If the car can be financed over a perio...
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