Assume annual car payments of $6000 for 4 years and an interest rate of 6% per year.

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Assume annual car payments of $6000 for 4 years and an interest rate of 6% per year. What initial principal or PW will this repay?

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Engineering Economics Analysis

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 03, 2010 12:22 PM

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Assume annual car payments of $6000 for 4 years and an interest rate of 6% per year.

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