Question
You have $1000 available for a down payment on a car and have determined that you can afford up to $200 per month for auto
You have $1000 available for a down payment on a car and have determined that you can afford up to $200 per month for auto financing costs. If your bank has quoted a 6% APR rate on a 36-month car loan, the maximum car you can afford?
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
2nd Edition
0765625229, 9780765625229
