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Suppose your car loan for 72 months has a monthly payment of

Custom Essays Economics Suppose your car loan for 72 months has a monthly payment of

Economics

Suppose your car loan for 72 months has a monthly payment of

Suppose your car loan for 72 months has a monthly payment of $350. After 31 payments, you want to pa… Show more Suppose your car loan for 72 months has a monthly payment of $350. After 31 payments, you want to pay the remaning balance in a lump sum. What lump sum amount must you pay if your interest is 8% compounded weekly? Show all your work • Show less

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