You plan to pay it off with monthly payments of 850 in 4
Question - You purchased a car for $32,500 with no down payment. You plan to pay it off with monthly payments of $850 in 4 years. What is the effective annual rate of interest on the loan?
8.81%
12.27%
14.16%
13.20%
10.50%
11.37%
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question - you purchased a car for 32500 with no down payment you plan to pay it off with monthly payments of 850 in 4
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for discussion the us congress debates a new budget every fiscal most republicans want to reduce federal spending most
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