Solution: Bill reaches his 21 st birthday, but is dismayed to realize that the price of the car he wanted is now $35,000. He decides to get a loan for
Question: Bill reaches his 21 st birthday, but is dismayed to realize that the price of the car he wanted is now $35,000. He decides to get a loan for the addition $7,000 dollars. He will finance the loan for 3 years at an interest rate of 9% compounded monthly.
- How much are his monthly payments?
- In total how much did Edgar pay for the car?
Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document 