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Question 7 -- /2 A vehicle can be purchased outright for $9500. Alternatively, you may...

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Question 7 -- /2 A vehicle can be purchased outright for $9500. Alternatively, you may choose to make monthly payments of $430 for two years with interest of 5% compounded semi-annually. According to this interest rate, which of the two options is the cheaper option in terms of today's dollar? Type your

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