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Business, 27.11.2019 22:31 nsalhady1721

Don james purchased a new automobile for $28,000. don made a cash down payment of $7,000 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. financing is available at a 24% annual interest rate. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: calculate the amount of the required monthly payment.

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Don james purchased a new automobile for $28,000. don made a cash down payment of $7,000 and agreed...

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