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Business, 12.08.2020 07:01 arletsolis23p2cjls

Your car loan requires payments of $200 per month for the first year and payments of $400 per month during the second year. The APR is 12% and payments begin in one month. What is the present value of this 2-year loan?

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Your car loan requires payments of $200 per month for the first year and payments of $400 per month...

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