Asked by liluu
For the car loan described, give the following information.
A car dealer will sell you the $16,850 car of your dreams for $3,290 down and payments of $335.97 per month for 48 months.
(a) amount to be paid
$
(b) amount of interest
$
(c) interest rate (Round your answer to two decimal places.)
%
(d) APR (rounded to the nearest tenth percent)
%
A car dealer will sell you the $16,850 car of your dreams for $3,290 down and payments of $335.97 per month for 48 months.
(a) amount to be paid
$
(b) amount of interest
$
(c) interest rate (Round your answer to two decimal places.)
%
(d) APR (rounded to the nearest tenth percent)
%
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