Question
You want to buy a new car. The bank offers you a loan for $30,000 at a 3% interest rate. You are willing to pay
You want to buy a new car. The bank offers you a loan for $30,000 at a 3% interest rate. You are willing to pay $4,500 in interest over the life of the loan. In how many years must you pay off the loan to meet your goal?
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Sampling
Authors: Steven K Thompson
3rd Edition
111816296X, 9781118162965
