A year after buying her car, Anita has been offered a job in Europe. Her car loan

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A year after buying her car, Anita has been offered a job in Europe. Her car loan is for $15000 at a 9% nominal interest rate for 60 months. If she sell the car for $12,000, how much does she get to keep after paying off the loan?

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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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Question Posted: May 24, 2016 07:03 AM

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A year after buying her car, Anita has been offered a job in Europe. Her car loan

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Payment PMT 075 60 15000 ...View the full answer

Engineering Economic Analysis

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