Question
Rula has purchased a new car for $20,000. She paid $3,000 as a down payment, and she paid the remaining balance by a loan from
Rula has purchased a new car for $20,000. She paid $3,000 as a down payment, and she paid the remaining balance by a loan from her hometown bank. Rula will pay off the loan by equal annual installments of $10058. How many years will it take Rula to pay off the loan, given an opportunity cost of 12%?
Answer:
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Trading For Beginners 25 Secrets To Trade For A Living
Authors: Mark Bresett
1st Edition
1521327742, 978-1521327746
