help with annuities question....
A 5-year car loan of 50000 has been taken out, which requires equal semi annual payments. No payments are needed in the first year (1st payment is made in 18 months), but interest continues to accrue during this period. The last payment is in 5 years. The APR on the loan is 8%. Calculate the payment made per period. Help!
Do your homework yourself brah
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