You buy a car today for 29000 if you finance it with a 6


You buy a car today for $29,000. If you finance it with a 6% APR, 4 year loan, what is the difference in your payments if you agree to pay at the beginning of each month rather than at the end? Assume monthly compounding.

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Financial Management: You buy a car today for 29000 if you finance it with a 6
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