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PLEASE HELP AND ANSWER ASAP IM STRUGGLING AND SHOW WORK thank YOU! You've just went to a car dealership and purchased a Honda Accord costing
PLEASE HELP AND ANSWER ASAP IM STRUGGLING AND SHOW WORK thank YOU!
You've just went to a car dealership and purchased a Honda Accord costing $30,000 with no down payment (1.e., you are borrowing the entire amount). You are financing it through 48 monthly installments at 4% APR. After three years of driving the car, you wish to sell it via Craigslist. What is the minimum price for which you should sell the car so that you can cover the balance remaining on the loan? A. $ 10,829.39 B. $ 18,000 C. $13,391.77 mi D. $7.955.05 E. $ 8,500 Step by Step Solution
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