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Business, 16.02.2022 06:50 gianni0

You want to buy a car, and a local bank will lend you $40,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 10% with interest paid monthly. What will be the monthly loan payment?

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You want to buy a car, and a local bank will lend you $40,000. The loan will be fully amortized over...

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