TO JUU .. Young people are... The Importance of... Your Custom Sect Help Elizabeth Milopoulos...

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Finance

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TO JUU .. Young people are... The Importance of... Your Custom Sect Help Elizabeth Milopoulos (1057520) IC Gradebook External ssignment 2A - Graded Remaining Time: 00:20 22 Suppose you take out a car loan that requires you to pay $9,000 now, $4,000 at the end of year 1, and $6,000 at the end of year 2. The interest rate is 8% now and increases to 7% in the next year. What is the present value of the payments? Enter your response below rounded to 2 decimal places Number

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