1 you have just taken out a 26000 for a car loan with a 7, Ask an Expert

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1. You have just taken out a $26,000 for a car loan with a 7% APR, compounded monthly. The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go toward interest?

2. Compare and contrast NPV and IRR. Out of the six capital budgeting decision models which would you choose to measure a potential project and why?

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Financial Management, Finance

Category:- Financial Management
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