Question
For the car loan described, give the following information. A car dealer will sell you the $30,950 car of your dreams for $6,000 down and
For the car loan described, give the following information. A car dealer will sell you the $30,950 car of your dreams for $6,000 down and payments of $667.06 per month for 60 months. (
a) amount to be paid
(b) amount of interest
(c) interest rate (Round your answer to two decimal places.)
(d) APR (rounded to the nearest tenth of a percent)
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Financial Accounting A Critical Approach
Authors: John Friedlan
3rd Edition
0070967601, 978-0070967601
