Question
Barb is buying a new car for $14,000. Her old car has a trade-in Value of $2500. The dealer informs her that the financing charge
Barb is buying a new car for $14,000. Her old car has a trade-in Value of $2500. The dealer informs her that the financing charge is 3% add-on interest. She wishes to take 2.5 years to pay off the car. Answer the following:
How much is her down payment? [trade-in value of old car]
How much does she need to finance?
How much interest will she pay?
What will her monthly payment be?
What will be the total amount to be repaid?
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Development Of A Methodology For Customizing Insider Threat Auditing On A Linux Operating System
Authors: William T. Bai, Air Force Institute Of Technology (U.S.)
1st Edition
1249449847, 978-1249449843
