Question
You buy a car for $30,000 and finance it with a 48-month loan (i.e., a 4-year loan) from your bank at 0.25% per month. What
You buy a car for $30,000 and finance it with a 48-month loan (i.e., a 4-year loan) from your bank at 0.25% per month. What is your (fixed) monthly payment? The first payment is due in one month from today.
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Principles Of Project Finance
Authors: E. R. Yescombe
2nd Edition
0123910587, 9780123910585
