You want to buy a new sports coupe and need $30,000 loan and the finance company affiliated with the dealership is offering 6.9% APR loan and the loan calls for 60 monthly payments. What will be your monthly payments and also the effective interest rate on the loan?
You want to buy a new sports coupe and need $30,000 loan and the finance company affiliated with the
You want to buy a new sports coupe and need $30,000 loan and the finance company affiliated with the dealership is offering 6.9% APR loan and the loan calls for 60 monthly payments. What will be your monthly payments and also the effective interest rate on the loan?
