Question
You are interested in purchasing a new automobile that costs $35000. the dealership offers you a special financing rate of 6%APR(0.5%) per month for 48months.
You are interested in purchasing a new automobile that costs $35000. the dealership offers you a special financing rate of 6%APR(0.5%) per month for 48months. Assuming that you do not make a down payment on the auto an you take the dealers financing deal, then your monthly car payments would be closest to:
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Financial Management Principles And Applications
Authors: J William Petty, Sheridan Titman, Arthur J Keown, John D Martin, Peter Martin, Michael Burrow, Hoa Nguyen
6th Edition
1442539178, 9781442539174
