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Business, 02.08.2019 22:00 jessicap7pg75

You want to buy a car, and a local bank will lend you $20,000. the loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 10% with interest paid monthly. 1. what will be the monthly loan payment? 2. what will be the loan's ear?

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