Question
You have just purchased a car from Friendly Sam. The selling price of the car is $6,500. If you pay $1500 down, then your monthly
You have just purchased a car from Friendly Sam. The selling price of the car is $6,500. If you pay $1500 down, then your monthly payments are $413. The annual interest rate is 24%. How many payments must you make? Show your steps.
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Public Finance
Authors: Charles Francis Bastable
1st Edition
1375520083, 978-1375520089
