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[Solved]: What do the equal monthly payments of a car loan
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(Solved): What do the equal monthly payments of a car loan or mortgage represent, if the original principal ...


What do the equal monthly payments of a car loan or mortgage represent, if the original principal represents the present value and the loan is completely paid off at maturity? Present value of an annuity. Monthly periodic interest payment. Amortization payment. Future value of an annuity.

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