Question: 9 . Suppose you borrow $ 1 9 , 0 0 0 from your bank to buy a car. You agree to pay $ 3
Suppose you borrow $ from your bank to buy a car. You agree to pay $ per month for months. What is the interest rate APR for the loan?
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Suppose you plan to retire in years. If you make annual contributions of $ into your retirement account for the first years, and no more contributions to the account for the remaining years. If the retirement account earns a fixed annual interest, how much will you have at your retirement?
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$
$
$
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