Question
You take out a car loan of $22,000. The loan requires you to make 60 monthly payments, starting 1 month from today. The rate on
You take out a car loan of $22,000. The loan requires you to make 60 monthly payments, starting 1 month from today. The rate on the loan is 6% compounded monthly, meaning the loan APR is 6%. What would your monthly payment be? (Show work)
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ONE WORD FROM GOD CAN CHANGE YOUR FINANCES
Authors: Ken Copeland
1st Edition
1575629585, 978-1575629582
