You currently owe $$ 18,000$ on a car loan at $9.5 %$ interest. If you make monthly

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You currently owe $\$ 18,000$ on a car loan at $9.5 \%$ interest. If you make monthly payments of $\$ 576.59$ per month, how long will it take you to fully repay the loan?

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Financial Decision Making For Engineers

ISBN: 9780300192186

1st Edition

Authors: Colin K. Drummond

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Question Posted: Apr 20, 2024 05:00 AM

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You currently owe $$ 18,000$ on a car loan at $9.5 %$ interest. If you make monthly

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To determine how long it will take to fully repay the car loan we can use th...View the full answer

Financial Decision Making For Engineers

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