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10 Nov 2019
You want to borrow $95,000 from your local bank to buy a newsailboat. You can afford to make monthly payments of $1,950, but nomore. Assuming monthly compounding, what is the highest rate youcan afford on a 60-month APR loan?
You want to borrow $95,000 from your local bank to buy a newsailboat. You can afford to make monthly payments of $1,950, but nomore. Assuming monthly compounding, what is the highest rate youcan afford on a 60-month APR loan?
2
answers
0
watching
125
views
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21 Jun 2023
Casey DurganLv2
23 Jan 2019
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