Suppose that you decide to buy a car for style=”color:rgb(0,0,0);background-color:transparent;”>$28,635, including taxes and license fees. You saved $9000 for a down payment and can get a three-year car loan at 5.75%. Find the monthly payment and the total interest for the amortized loan.
Suppose that you decide to buy a car for
style=”color:rgb(0,0,0);background-color:transparent;”>$28,635, including taxes and license fees. You saved $9000 for a down payment and can get a three-year car loan at 5.75%. Find the monthly payment and the total interest for the amortized loan.
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