What are the inputs to solve with a financial calculator

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Reference no: EM131996141

You borrow $10,000 with an interest rate of 6% compounded monthly to purchase a car. You make equal monthly payments for 3 years, with the first payment due at the end of the first month. How much is each payment? What if the first payment is due today? What are the inputs to solve with a financial calculator?

Reference no: EM131996141

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