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You are interested in purchasing a new automobile that costs $39,000. The dealership offers you a special financing rate of 12% APR (1%) per month

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You are interested in purchasing a new automobile that costs $39,000. The dealership offers you a special financing rate of 12% APR (1%) per month for 60 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: OA $694 B. $1,215 C. $1,388 D. $868 luu the bank at an inter

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