Larry Purchased a new combine that cost $230,500, minus a rebate of $2,500 a trade-in of $6,500,
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Larry Purchased a new combine that cost $230,500, minus a rebate of $2,500 a trade-in of $6,500, and a down payment of $6,000. He takes out a loan for the balance at 8% APR over 4 years.
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Find the annual payment.
Related Book For
Financial Accounting
ISBN: 978-1259222139
9th edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
Posted Date: