I need to check if i did my question right :You are looking to buy a car.
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Question:
I need to check if i did my question right :You are looking to buy a car. You can afford $670 in monthly payments for five years. In addition to the loan, you can make a $770 down payment. If interest rates are 8.50 percent APR, what price of car can you afford? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
What it means when they say "Do not round intermediate calculations and round your final answer to 2 decimal places. " ?????
Andwhen they say: "round your final answer to 2 decimal places. " ?????
Thanks a lot!
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