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You decide to purchase the $34,590 2018 Honda pilot pictured below. Assume you had $2000 for a down payment and were able to secure a
You decide to purchase the $34,590 2018 Honda pilot pictured below. Assume you had $2000 for a down payment and were able to secure a loan with an APR of 6.0%.
What would your monthly payments be if your loan was 60 months?
you are lucky won the lottery 29 months into your 60 month loan and decide to pay off your loan early. Calculate the unearned interest using the rule of 78, if you pay the loan in full on the 30th month.
calculate the payoff amount.
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