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Question: You wish to buy a $20,000 car. the dealer offers you a 6-year loan with a 8 percent APR. What are the monthly payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Payment $ per month

How would the payment differ if you paid interest only? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Payment $ per month

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Operation Management, Management Studies

Category:- Operation Management
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