Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

This set of problems is designed to be calculated using the Excel or financial calculator.

/in /by

This set of problems is designed to be calculated using the Excel or financial calculator.
Do not use financial tables to calculate these problems.

A commercial bank will loan you $32,169 for 6 years to buy a car. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 11.45 percent of the unpaid balance. What is the amount of the monthly payments?

Round the answer to two decimal places.

Your Answer:

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"