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Question 17 Not yet answered Bob bought a car for $21,000. He had to borrow the entire amount at 7% for 5 years and make mont

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2 A 1 Loan due after 2 years 2 Loan due after 2 years 3 PV*(1+r)^n-P*((1+r)^n-1))/ 13,467 =(21000*(1+(7%/12))^24)-PMT(7%/12,6

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