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MsDay Needs $20,000 to Buy Her Dream Car

Question 172

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Ms.Day needs $20,000 to buy her dream car.In her search for the best (low cost)loan,she has gathered the following information from three local banks.Which bank would you recommend Ms.Day borrow from? Ms.Day needs $20,000 to buy her dream car.In her search for the best (low cost)loan,she has gathered the following information from three local banks.Which bank would you recommend Ms.Day borrow from?

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A: Using financial calculator: PV=20000,...

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