mily's small sedan no longer meets her family's needs. She would like an SUV and sees one

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mily's small sedan no longer meets her family's needs. She would like an SUV and sees one advertised for $38,000. She has a $4,000 down payment saved, and the bank is offering 4.5% APR on 60-month loans for new cars. a. How much will Emily need to borrow to buy the SUV? 34000 b. What would Emily need to type in Excel to figure her monthly payment? Enter with no spaces. =PMT0.0324/,72,20432.13 c. What will the total of all of Emily's payments be over the lifetime of the car loan? $25,952 d. How much will Emily pay in interest over the lifetime of the car loan?

Posted Date: May 10, 2024 02:33 AM

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mily's small sedan no longer meets her family's needs. She would like an SUV and sees one

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