Question
You are car shopping and have been pre-approved for a 6.45% car loan over 5 years. Assume you will not put down any down payment
You are car shopping and have been pre-approved for a 6.45% car loan over 5 years. Assume you will not put down any down payment and want to keep your monthly payments to maximum $800. What is the most you can afford to pay for the car?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
