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E-loan, an online Lending Service recently offered 36 months auto loans at 5.7% compounded monthly to applicants for good credit rating. If you have a
E-loan, an online Lending Service recently offered 36 months auto loans at 5.7% compounded monthly to applicants for good credit rating. If you have a good credit rating and can afford monthly payments of $561, how much can you borrow from alone? What is the total interest you will pay for this loan.
you can borrow ?
round to the two decimal place
You you will pay a total of ? In interest
Round to the two decimal place
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