Question 6 You have recently finished your MBA at Torrens University Australia. Naturally, you must...
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Question 6 You have recently finished your MBA at Torrens University Australia. Naturally, you must purchase a new BMW immediately. The car costs about $42 000. The bank quotes an interest rate of 15% APR for a 72-month loan with a 10% down payment. What will your monthly payment be? What is there effective interest rate on the loan? CAN YOY = stated annual ins norm na numbrs compounding per Question 7 Dario NS
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