You have just borrowed $ 2 0 , 0 0 0 from the Satisfaction Auto Corp. to
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You have just borrowed $ from the Satisfaction Auto Corp. to purchase a new car. You will be making monthly payments of $ Your interest rate is percent compounded monthly. How many months will it take you to pay off the loan?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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