A year after buying her car, Anita has been offered a job in Europe. Her car load

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A year after buying her car, Anita has been offered a job in Europe. Her car load is for $15,000 at a 9% nominal interest rate for 60 months. If she can sell the car for $12,000, how much does she get to keep after paying off the loan?

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 04, 2010 04:18 AM

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A year after buying her car, Anita has been offered a job in Europe. Her car load

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Payment PMT 075 60 15000 3...View the full answer

Engineering Economics

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