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Homework answers / question archive / 1 You want to buy an apartment for $86

1 You want to buy an apartment for $86

Finance

1 You want to buy an apartment for $86.600 and the finiance office at the dealership has qouted you a 7.1 percent APR loan for 60 months to buy the car. What will your monthly payment be?

If you bought six month Treasury bill would you expect the amount of interest earned to be the same, less than or more than the stated interest rate? Why?

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