Question
You want to buy a new sports car from Muscle Motors for $52,500. The contract is in the form of a 60-month annuity due at
| You want to buy a new sports car from Muscle Motors for $52,500. The contract is in the form of a 60-month annuity due at an APR of 6.25 percent. |
| Required: |
| What will your monthly payment be? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
|
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The World Is Your Oyster The Guide To Finding Great Investments Around The Globe
Authors: Jeff D. Opdyke
1st Edition
0307381048, 978-0307381040
