Question 12 Justin P buys an Audi for $60,000 to be repaid in equal monthly payments over a 7 year period at 9% c.m. On the date of the 12th payment, he makes an additional payment of $20,000....

Question 12<br>Justin P buys an Audi for $60,000 to be repaid in equal monthly payments over a 7<br>year period at 9% c.m. On the date of the 12th payment, he makes an additional<br>payment of $20,000. Determine the amount of his final payment.<br>

Extracted text: Question 12 Justin P buys an Audi for $60,000 to be repaid in equal monthly payments over a 7 year period at 9% c.m. On the date of the 12th payment, he makes an additional payment of $20,000. Determine the amount of his final payment.

Jun 03, 2022

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Question 12 Justin P buys an Audi for $60,000 to be repaid in equal monthly payments over a 7 year period at 9% c.m. On the date of the 12th payment, he makes an additional payment of $20,000....

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