Question
You would like to purchase a car that costs $34,000. You have decided to finance the car with a six-year car loan. If the APR
You would like to purchase a car that costs $34,000. You have decided to finance the car with a six-year car loan. If the APR (annual percentage rate) is 4.25 percent, compute your monthly payment.
Construct a loan amortization table in Excel for the car loan in from the problem above. You should do the problem in Excel using monthly payments and should submit the spreadsheet. SHOW WORK
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
6th Edition
150639681X, 978-1506396811
