You want to buy a car to do so you will need to take out a, Ask an Expert

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You want to buy a car. To do so, you will need to take out a loan in the amount of $19,000. The longest you are willing to pay on the loan is five years. The interest rate on this type of loan is 5.0% per year.

How much will the equal monthly payments be?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91529121

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