Question
You borrowed money at 7% interest to purchase a car. You have 51 monthly payments of $788 left until you pay off the loan with
You borrowed money at 7% interest to purchase a car. You have 51 monthly payments of $788 left until you pay off the loan with interest.
You want to refinance at a lower rate... what is you current balance?
Answer to the nearest whole dollar and leave out the $ symbol.
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
