question #74 Given the following information regarding the purchase of a car: Price of...
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question #74 Given the following information regarding the purchase of a car: Price of the car is $26000 . It will be purchased by paying $2000 down and then equal monthly payments . for the period 3 years at interest rate of 112 = 4.8% (compounded monthly). Find the outstanding principle of debt after paying the third monthly payment? Multiple Choice 22129.09 71715 22 755.22
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