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Please enter the calculator keystrokes you used for the solution to this question. Exactly one year ago you took out a 48 month auto loan
Please enter the calculator keystrokes you used for the solution to this question.
Exactly one year ago you took out a 48 month auto loan for $50,000 at 4% APR. Today, having just made the 12th monthly payment, you are considering selling the car and want to know how much you still owe. Please, find the balance of the auto loan right after the 12th monthly payment has been made. Express your answer in dollars and cents, but omit the $ sign
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