Question
You want to buy a new sports coupe for $52,685, and the finance office at the dealership has quoted you a 6.8 percent APR loan
You want to buy a new sports coupe for $52,685, and the finance office at the dealership has quoted you a 6.8 percent APR loan for 72 months to buy the car. What will your monthly payments be? (Round time value factors to 6 decimal)
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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
