the purchase of a car needs a 23410 loan to be


The purchase of a car needs a $23,410 loan to be repaid in monthly installments for 4years at 12% annual real interest rate. If annual inflation rate is 4%, find the extra amount to be paid in 20th month due to inflation.

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Financial Accounting: the purchase of a car needs a 23410 loan to be
Reference No:- TGS0217425

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