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Assignment: Module 2 Homnwork Tou want to buy a car, and a local bank will lesd you 320,000 . The loan will be fully amortined
Assignment: Module 2 Homnwork Tou want to buy a car, and a local bank will lesd you 320,000 . The loan will be fully amortined ever 5 years (60 montho), and the nominal interest rate wil be 10\% wath interest paid monthily. What wil be the monthly loan payment? What will be the lown't eag? bo ret found intermedate calculations. Round yaur answer for the manthly loan smyment to the nearst cent and for EAg to two decimal places
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