Question: Question 3 0 ( 1 point ) Two years ago you purchased a new SUV. You financed your SUV for 6 0 months ( with
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Two years ago you purchased a new SUV. You financed your SUV for months with payments made at the end of the month with a loan at an APR of monthly compounded. You monthly payments are $ and you have just made your th month payment on your SUV. Assuming that you have made all of the first payments on time, what is the outstanding balance on your SUV loan?
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