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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 65
Michelle Passmore is purchasing a $25,000 automobile, which is to be paid for in 60 monthly installments of $489.15. What effective annual interest is she paying for this financing arrangement
Explanation
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The fourth chapter of the textbook focus...
Contemporary Engineering Economics 6th Edition by Chan Park
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