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Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 1.5%. You have to pay $220
Intro You took out a loan to buy a new car. The monthly interest rate on the loan is 1.5%. You have to pay $220 every month for 60 months. Attempt 1/1 Part 1 What is the present value of the cash flows if it's an ordinary annuity? 0+ decimals Save Part 2 What is the future value of the cash flows if it's an ordinary annuity? 0+ decimals Save Part 3 What is the present value of the cash flows if it's an annuity due? Attempt 1/1 Attempt 1/1 Part 4 What is the future value of the cash flows if it's an annuity due? 0+ decimals Save Attempt 1/1
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