Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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A family buys a new minivan for $45,000 and makes a down payment of $12,000. They finance the van for 5 years at 8% interest. Calculate the monthly payment if the monthly payment factor is 0.0202764.
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