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For the car loan described, give the following information. A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of
For the car loan described, give the following information.
A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of $302.50.
(a) amount to be paid is :$10890 (b) amount of interest is :$ 1890 please find ( by the way 0.58% and 6.99% are incorrect answers) please find correct answer:
(c) interest rate: % (d) APR (rounded to the nearest tenth of a percent): %
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