3 Your car loan requires payments of $200 per month for the first year and...
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3 Your car loan requires payments of $200 per month for the first year and payments of $400 per month during the second year. The APR is 12% and payments begin in one month. What is the present value of this 2-year loan? 8 Multiple Choice $6.428.57 $6,389.78 $6.753.05 $6.246.34 ME MacBook
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