Question
Using the BA II Plus: You are interested in purchasing a new automobile that costs $35,000. The dealership offers you a special financing rate of
Using the BA II Plus:
You are interested in purchasing a new automobile that costs $35,000. The dealership offers you a special financing rate of 6% APR (0.5%) per month for 48 months. Assuming that you do not make a down payment on the auto and you take the dealer's financing deal, then your monthly car payments would be closest to:
A) $729
B) $822
C) $842
D) $647
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Dark Finance
Authors: Fabio Mattioli
1st Edition
1503611655, 978-1503611658
