Question
You want to buy a new work truck for $42,000. You will make a down payment of $4,000. What are your MONTHLY loan payments for
You want to buy a new work truck for $42,000. You will make a down payment of $4,000. What are your MONTHLY loan payments for a 5 year term. Use 9% annual nominal interest compounded monthly for your loan.
Please show work either either through excel or written for comparing and better understanding. I got 788.82 dollars
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1st Edition
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