A new car is purchased for $12,000 with a 0% down. 9% loan the loan's length is

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A new car is purchased for $12,000 with a 0% down. 9% loan the loan's length is 4 years. After making 30 payments, the owner desires to payoff the loan's remaining balance. How much is owed?

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 04, 2010 04:18 AM

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A new car is purchased for $12,000 with a 0% down. 9% loan the loan's length is

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