You find a used vehicle for purchase for $29,500. You trade in your current vehicle for $2000

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You find a used vehicle for purchase for $29,500. You trade in your current vehicle for $2000 of the price and get a loan to cover the rest. If the loan has an interest rate of 10.11% compounded monthly for 72 months, what is your monthly payment?

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Fundamentals of Corporate Finance

ISBN: 978-0132148238

2nd edition

Authors: Berk, DeMarzo, Harford

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Posted Date: Apr 03, 2023 04:42 AM

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You find a used vehicle for purchase for $29,500. You trade in your current vehicle for $2000

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Fundamentals of Corporate Finance

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