Question
When Maria Acosta bought a car 2 1/2 years ago, she borrowed $14,000 for 48 months at 6.6% compounded monthly. Her monthly payments are $332.66,
When Maria Acosta bought a car 2 1/2 years ago, she borrowed $14,000 for 48 months at 6.6% compounded monthly. Her monthly payments are $332.66, but she'd like to pay off the loan early. How much will she owe just after her payment at the 2 1/2 -year mark? (Round your answer to the nearest cent.)
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
