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Kangaroo Autos is offering free credit on a new $ 1 2 , 2 0 0 car. You pay $ 1 , 1 0 0
Kangaroo Autos is offering free credit on a new $ car. You pay $ down and then $ a month for the next months. Turtle Motors next door does not offer free credit but will give you $ off the list price.
a If the rate of interest is a month, calculate the present value of the payments to Kangaroo Autos. Do not round intermediate calculations. Round your answer to decimal places.
tablePresent value,$
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