Question
You want to buy a new sports coupe for $74,500, and the finance office at the dealership has quoted you a 5.6 percent APR loan
| You want to buy a new sports coupe for $74,500, and the finance office at the dealership has quoted you a 5.6 percent APR loan for 48 months to buy the car. |
| What will your monthly payments be? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| What is the effective annual rate on this loan? |
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How To Analyse Bank Financial Statements
Authors: Thomas Padberg
1st Edition
0857195182, 978-0857195180
