Question
Peter buys a car worth $38,000 by putting a downpayment of 15% and taking a loan for the balance amount. The loan carries an interest
Peter buys a car worth $38,000 by putting a downpayment of 15% and taking a loan for the balance amount. The loan carries an interest rate of 4.99% over a period of 5 years and needs to be paid on a monthly basis. What is the total interest Peter is expected to pay over the life of the loan?
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Carbon Markets Or Climate Finance?
Authors: Axel Michaelowa
1st Edition
0415743435, 978-0415743433
