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Victor would like to buy his first car and the one he has his eye on is $25,000plus an extra 13%HST for a total price
Victor would like to buy his first car and the one he has his eye on is $25,000plus an extra 13%HST for a total price of $28,250.The dealership has a deal for 0% down payment and charges 2.99%interest on the loan.Victor plans to make car loan payments weekly and has accepted the maximum loan repayment period of 8years.
How much will his weekly care loan payment be?[1] ANSWER IS $76.37
How much will he have paid to the dealership by the time his loan is paid off?[2]
How much interest will be paid?[3]
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