Sergei finances a $ 27271 car with a 12- year loan charging a5.77% annualinterest rate and year-end

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Sergei finances a $ 27271 car with a 12- year loan charging a5.77% annualinterest rate and year-end payments. If he wants to sell the car in 8 years,how much does he need to sell the car in orderto break even?

$ 8622

$ 11188

$ 8004

$ 12430

$ 8984

Please explain how to solve using financial calculator

Posted Date: May 18, 2024 04:00 AM

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Sergei finances a $ 27271 car with a 12- year loan charging a5.77% annualinterest rate and year-end

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