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Two years ago you purchased a new SUV. You financed your SUV loan of $32,000 for 60 months (with payments made at the end of
Two years ago you purchased a new SUV. You financed your SUV loan of $32,000 for 60 months (with payments made at the end of the month) with a loan at 5.9% APR. You have just made your 24th monthly payment on your SUV. What is the outstanding loan balance on your SUV loan now? (Please write numbers only, no "$", no",", round to the dollar, no decimal. i.e.write $1,234.56 as 1235)
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