Question
1-You want to financed a car that advertised at $31849 but you don't have money. However after checking your credit the dealer offered you that
1-You want to financed a car that advertised at $31849 but you don't have money. However after checking your credit the dealer offered you that if you pay $590 per month for 6 years, they will give you the car. What is the total amount you will have to pay to the dealer if you finance the car?
2-A car is advertised with a price of $14790. The payment plan to own a car is $493 per month for 6 years. What is the amount of interest paid? Round to the nearest cent.
3-If $4709 is invested at 2.75% for 3 years, find the future value if the interest is compounded semi-annually. Round to the nearest cent.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started