What will be the remaining principal immediately after the, Financial Management

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What will be the remaining principal immediately after the

You just bought a car and borrowed $22,000 from the bank to help with the purchase. Your monthly payments will be $415 for five years. What is the annual rate of interest you are paying on this loan and what will be the remaining principal immediately after the first payment is made?

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Financial Management: What will be the remaining principal immediately after the

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Financial Management: What will be the remaining principal immediately after the

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