Question
Ali drives a Toyota car which he bought in January 2015 for RM 90,000. He had paid 10% for the down payment and interest rate
Ali drives a Toyota car which he bought in January 2015 for RM 90,000. He had paid 10% for the down payment and interest rate is charged at 3.5 percent for 5 years. As at 31 december 2017, Ali has exactly 7 years more to pay off his car loan. How many of the Toyota car loan balance he need to pay?
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
