Mathematics, 26.02.2021 03:50 jordenv00

Mr. Delgadillo is going to purchase a new car. If the car costs $32,000, he will qualify for a 6 year loan compounded monthly at 4% APR. How much
is the total cost of the loan of the car? Round your answer to the nearest
cent (two decimal places).

Answers: 1

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Mr. Delgadillo is going to purchase a new car. If the car costs $32,000, he will qualify for a 6 year loan compounded monthly at 4% APR. How much is the total cost of the loan of the car? Round your answer to the nearest cent (two decimal places).

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Another question on Mathematics

Mr. Delgadillo is going to purchase a new car. If the car costs $32,000, he will qualify for a 6 year loan compounded monthly at 4% APR. How much
is the total cost of the loan of the car? Round your answer to the nearest
cent (two decimal places).