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Author Question: Dr. Ivana B. Payneless, a dental surgeon, just bought an Audi TTS Coupe for $69,263.14 (taxes ... (Read 37 times)

Mr.Thesaxman

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on: Apr 25, 2021
Dr. Ivana B. Payneless, a dental surgeon, just bought an Audi TTS Coupe for $69,263.14 (taxes included). Audi offered her financing at 1.9% (APR) and her monthly payments (over a 60 month term) are $1,211.00. Consider the first monthly payment. How much of that payment is interest and how much is principal? (Interest, Principal)
◦ $23.01, $1,187.99
◦ $101.90, $1,109.10
◦ $109.67, $1,101.33
◦ $190, $1,021.00
◦ $1,211.00, $0
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by Mr.Thesaxman on Apr 25, 2021

jazzlynnnnn

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Mr.Thesaxman

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

diana chang

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Reply 3 on: Yesterday
Gracias!

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