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You have a car worth $12,000. You still owe $10,000 on the car. How much equity do you have? $2,000$22,000($2,000)($22,000) QUESTION 9 You want to
You have a car worth $12,000. You still owe $10,000 on the car. How much equity do you have? $2,000$22,000($2,000)($22,000) QUESTION 9 You want to buy a car. The selling price of the car is $30,000, the interest rate is 5%, and the payment period is 72 months. How much interest will you pay over the life of the loan? $4,786$483$35,657$34,786$1,500$5,657
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