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10 April, 05:42

If sandy can afford car payments of $350 per month for 4 years, what is the price of a car that she can afford now? Assume an interest rate of 7.2 percent

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Answers (2)
  1. 10 April, 06:51
    0
    The present value of that series of payments is $14,559.59.
  2. 10 April, 07:09
    0
    A car worth $104,160
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