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Auto Loan Payments
Regular payments made by a borrower to a lender for the use of borrowed money to purchase an automobile, typically including both principal and interest.
Discount Rates
Interest rates used to calculate the present value of future cash flows.
Cash Constraints
Financial limitations that restrict the ability to purchase or invest due to the unavailability of liquid assets or cash.
Opportunity Costs
The cost of foregone alternatives when one option is chosen over another, representing the benefits that could have been received by taking the alternate action.
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