Annuity present value future value

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Reference no: EM13526462

The amount to be financed on a new car is $9,500. The terms are 7% for 3 years. What is the monthly payment?
(a) State the type.
amortization sinking fund ordinary annuity present value future value

(b) Answer the question. (Round your answer to the nearest cent.)
$

Reference no: EM13526462

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