I need help with this one. Harper is considering the purchase of a...
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Accounting
I need help with this one.
Harper is considering the purchase of a $10,530 used car and is trying to decide between a 48 -month and a 60 -month car loan. If the loan is for $10,530 at 4 percent, what is the difference in the monthly payments? Note: Round intermediate computations to at least five (5) decimal places. Click on the table icon to view the Monthly Installment Loan Payment Factor (MILPF) table: The monthly payment for the 48 -month car loan is \$ (Round to the nearest cent.)
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