Question
Assume you want to buy a Car on an auto loan. Your total Car loan (or Car price) is $35,000. The bank charges you 4.5%
Assume you want to buy a Car on an auto loan. Your total Car loan (or Car price) is $35,000. The bank charges you 4.5% rate with 72 months of installments
What is the total interest paid that you will be paying over the 72 months for this loan?
Step by Step Solution
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Step: 1
To calculate the total interest paid over the 72 months for the auto loan we first need to find the ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
