Question
Suppose you can afford $800 monthly payments and you will be able to pay $6000 as a balloon payment at the end of the lease.
Suppose you can afford $800 monthly payments and you will be able to pay $6000 as a balloon payment at the end of the lease. If you have secured a $7% interest rate on a loan for 8 years what is the price of the most expensive car you could afford?
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Simple Tools And Techniques For Enterprise Risk Management
Authors: Robert J. Chapman
1st Edition
1119989973, 978-1119989974
