Question
Todd can afford to pay $410 per month for the next 5 years in order to purchase a new car. The interest rate is 7.2
Todd can afford to pay $410 per month for the next 5 years in order to purchase a new car. The interest rate is 7.2 percent compounded monthly. What is the most he can afford to pay for a new car today? Answered on calculator not excel.
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
