You have already saved $6775 to buy a used car. You invest this money in a...

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Answer 1

Answer #1

Function Arguments NPER Rate 0.95%/12 0.000791667 Pmt Pv -6775 -6775 Fv 7025 7025 Type a 45.78971358 Returns the number of pe

Hence, It will take 45.79 months or 3.82 years (45.79/12)

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Answer 2

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