Question
Alisha can afford car payments of $264 a month for 60 months. The bank will lend her money to buy a car at 6% APR
Alisha can afford car payments of $264 a month for 60 months. The bank will lend her money to buy a car at 6% APR compounded monthly (0.5% per month). How much money can he afford to borrow?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
