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please do the both. got my last question left. will definitly hit upvote. A car with a price tag of $42,000 was purchased. There was
please do the both. got my last question left. will definitly hit upvote. A car with a price tag of $42,000 was purchased. There was a down payment of 10% and the rest was financed. The debt was to be paid over a period of 5 years with monthly payments. How much interest was paid in total if the rate of financing was 3.99% compounded semi- annually? Hint Find payment size first. ($3,925.20) A loan of $35,000 was taken with the intention of paying it back with quarterly payments of $1,150. Interest is charged at a rate of 4.5% compounded semi-annually. Determine the number of payments that will pay the back. What time periods does this represent in years and months? (38 Payments, 9 ychrs 6 months) 5
please do the both. got my last question left. will definitly hit upvote.
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