Search here for Tutorials

If the Data is different in your question, please send your questions to homeworksolutionsnow@gmail.com. The questions will be answered at the same price.

Car Loans. (Hint: P/Y12) What is the interest rate on a loan of

Car Loans. (Hint: P/Y12) What is the interest rate on a loan of

a. $8000 with a payment of 191.57 per month for 4 years?
b. $16000 with a payment of 421.34 per month for 4 years?
c. $24000 with a payment of 509.93 per month for 5 years?
d. $32000 with a payment of 603.88 per month for 5 years?

CLICK HERE FOR SOLUTION