kaylalopezzz kaylalopezzz

06-12-2019
Business

contestada

Rachael can afford a $380-per-month car payment. If she is being offered a 4-
year car loan with an APR of 3.6%, compounded monthly, what is the value of the most expensive car she can afford?

Respuesta :

askdont224 askdont224

06-12-2019

Answer:

$16,963.91

Explanation:

380(1 - 1.003^-48)/0.003

= $16,963.91

Answer Link

itzelcoutino19 itzelcoutino19

20-01-2020

Answer: $16,963.91 - APEX

Answer Link

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