Question
A newspaper advertisement offers a $4,000 used car for nothing down and 36 easy monthly payments of $150.62. a) amount to be paid b) amount
A newspaper advertisement offers a $4,000 used car for nothing down and 36 easy monthly payments of $150.62.
a) amount to be paid
b) amount of interest
c) interest rate (round to two decimal places)
d) APR (rounded to the nearest tenth of a percent).
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Financial Intelligence For HR Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119130, 978-1422119136
