Question
Please guys help me with this question, its really hard. You wish to buy a $28,000 car. The dealer offers you a 4-year loan with
Please guys help me with this question, its really hard.
You wish to buy a $28,000 car. The dealer offers you a 4-year loan with a 10 percent APR. What are the monthly payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
| Payment | $ per month |
| How would the payment differ if you paid interest only? (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Payment | $ per month |
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Tidy Finance With R
Authors: Christoph Scheuch, Stefan Voigt, Patrick Weiss
1st Edition
1032389346, 978-1032389349
