Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you please do it fast thank you A truck costing $116,000 is paid off in monthly installments over four years with 8.9% APR. After

can you please do it fast thank you image text in transcribed
A truck costing $116,000 is paid off in monthly installments over four years with 8.9% APR. After three years the owner wishes to sell the truck. What is the closest amount from the following list that he needs to pay on his loan before he can sell the truck? A. $32,963 B. $46,149 C. $39,556 D. $26,371

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Art Of The Steal How To Protect Yourself And Your Business From Fraud

Authors: Frank W. Abagnale

1st Edition

0767906845, 978-0767906845

More Books

Students also viewed these Finance questions