Question
Alex is buying a car and plans to take out a loan with a 4% interest rate and a 4-year term. Alex wants to spend
Alex is buying a car and plans to take out a loan with a 4% interest rate and a 4-year term. Alex wants to spend $300 per month on the loan payment. What is the most Alex can spend on the car today?
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Illustrating Finance Policy With Mathematica
Authors: Nicholas L. Georgakopoulos
1st Edition
3319953710, 978-3319953717
