Question 11 4 pts Jennifer purchased a new car for $28,000. She was allowed $8,000...
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Question 11 4 pts Jennifer purchased a new car for $28,000. She was allowed $8,000 for her trade in and financed the remainder over 60 months at a rate of 1.99% per year. How much is her monthly payment? $350.47 O $413.18 $449.11 O $339.28 Question 12 4 pts Adrian bought 200 shares of stock at a price of $24 a share. He used 60% margin to make the purchase. He sold his stock after a year for $28 a share. Ignoring margin interest and trading costs, what is his return on the equity for this investment? O 16.67% 0 24.67% O 27.78% 21.78%
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