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Furthermore if we had enough after 3 years how much do we

We buy a car for $50,000. They charge us 8% annual interest. We pay the loan off quarterly. We want to know the effective annual ROR and the quarterly amount to pay off the loan in 5 years. Furthermore, if we had enough after 3 years, how much do we need to give the lender to amortize? If we gave the lender 2,000 in addition to our regular amount after 4 years, how many more payments would we need to give?

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Finance Basics: Furthermore if we had enough after 3 years how much do we

Reference No:- TGS0617772

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Recent Questions Asked Finance Basics

Q : Based on these ratios what is your advice if another

Q : A dc motor is connected to a constant emf of 139 v the

Q : Calculate the mass of nitrogen dissolved at room

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Q : Furthermore if we had enough after 3 years how much do we

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Furthermore if we had enough after 3 years how much do we

Reference No:- TGS0617772

Recent Questions Asked Finance Basics

Q : Based on these ratios what is your advice if another

Q : A dc motor is connected to a constant emf of 139 v the

Q : Calculate the mass of nitrogen dissolved at room

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Q : Furthermore if we had enough after 3 years how much do we

Q : 1 your firm has 3 different manufacturing lines that each

Q : A transformer with 1760 turns on the primary and 347 turns

Q : At a given temperature the vapor pressures of benzene and

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