What is the best rate that you could obtain for a 36-month


Using the Web site finance.yahoo.com/rates/query?t=a, find the following:

a. What is the best rate that you could obtain for a 36-month new car loan in Poughkeepsie, NY?

b. Find the same information for Rapid City, SD.

c. Locate the same information for San Francisco, CA.

d. Based on the results in "a" through "c," what would be the best city in which to finance a new car purchase? Briefly discuss why there are differences in auto loan rates between Poughkeepsie, Rapid City, and San Francisco.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the best rate that you could obtain for a 36-month
Reference No:- TGS01708743

Expected delivery within 24 Hours