Question
A car dealer will sell you a used car for $6,598 with $798 down and payments of $166.51 per month for 48 month. Find (a)
A car dealer will sell you a used car for $6,598 with $798 down and payments of $166.51 per month for 48 month. Find (a) amount to be paid; (b) amount of interest; (c) Interest rate. (Round your answer to two decimal places.); (d) APR (round your answer to nearest tenth of a percent.)..
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Financial Management
Authors: I.M. Pandey
12th Edition
939057725X, 978-9390577255
