The price of the car is $16,000. Down
payment is $6,000. Interest rate 10%.
Payback period is...
Mathematics, 07.12.2020 14:00 crowzombie9
The price of the car is $16,000. Down
payment is $6,000. Interest rate 10%.
Payback period is 6 years.
Determine the yearly installments if
Case 1. The carmaker does not pay to the
bank.
Case 2. The carmaker pays $2000 to the
bank.
URGENT ANSWER NEEDED PLEASE
Answers: 2
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