The first payment comes in 1 year the loan rate is quoted
Today you take out a $20,000 car loan that requires 60 equal monthly payments. The first payment comes in 1 year. The loan rate is quoted at 8.4% APR. What is your monthly loan payment?
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today you take out a 20000 car loan that requires 60 equal monthly payments the first payment comes in 1 year the loan
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