Question
You are purchasing a new car and need to borrow $43,000. The bank offers car loans for a term of 3 years with monthly payments
You are purchasing a new car and need to borrow $43,000. The bank offers car loans for a term of 3 years with monthly payments at an APR of 7.4% compounded monthly. What is your monthly payment?
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School Finance And Business Management Optimizing Fiscal Facility And Human Resources
Authors: Craig A. Schilling, Daniel R. Tomal
2nd Edition
1475844026, 978-1475844023
