8.6.3
suppose that you decide to borrow $14,000 for a new car. you can select one of the follo...
Mathematics, 15.10.2019 05:30 hailey5129
8.6.3
suppose that you decide to borrow $14,000 for a new car. you can select one of the following loans, each requiring regular monthly payments.
installment loan a: three-year loan at 5.5%
installment loan b: five-year loan at 6.4%
a. find the monthly payments and the total interest for loan a.
what is the monthly payment for loan a ?
Answers: 3
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