Question
You just bought a car and borrowed $15,000 for 5 years at 8% APR. Using the simple interest method; by the time you pay off
You just bought a car and borrowed $15,000 for 5 years at 8% APR. Using the simple interest method; by the time you pay off this loan your total finance costs will be closest to which of the following?
$3,249
$1,200
$3,784
$6,000
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The Social Profit Handbook
Authors: David Grant
1st Edition
1603586040, 978-1603586047
