MAT142

One dealer is selling the Nissan Leaf Hatchback for $27,500.00. Their finance company is offering a 72-month amortized loan at a rate of 2%. Assume a down payment of 21%. What will the monthly payment be? How much will the car cost, in total? How much money will be paid in interest? If you agreed to make payments once every 2 weeks, what would your payments be? Assume there are 52 weeks in a year