- Personal Financial Planning Module Four Homework 22ew5 4 Noel And Herman Are Now Trying To Decide Between A 48 Month An 1 (256.48 KiB) Viewed 17 times
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Personal Financial Planning Module Four Homework 22EW5 4. Noel and Herman are now trying to decide between a 48-month and a 60-month car loan. If the Prob loan is for $9,351 at 7percent, what is the difference in the monthly payments? Click on the table icon to view the Monthly Installment Loan Payment Factor (MILPF) table ¹. Part (Round to the nearest The monthly payment for the 48-month car loan is S cent.) for $9,35 (Round to the nearest The monthly payment for the 60-month car loan is S cent.) (Round to the nearest The difference between the monthly payments is $ cent.) 1: Data Table Monthly Installment Loan Tables ($1,000 loan with interest payments compounded monthly) 6 30 46 60 72 84 96 36 168.62 85.15 57.33 43.42 35.08 29.52 22.58 18.42 15.65 13.67 12.19 168.74 85.26 57.44 43.54 35.19 29.64 22.69 18.53 15.76 13.78 12.31 4.50% 168.86 85.38 57,56 43.65 35.31 29 75 22.80 18 64 15.87 13.90 12.42 4.75% 168.98 85.49 57.67 43.76 35.42 29.86 22.92 18.76 15.99 14.02 12.54 4.25% Help me solve this View an example Get more help - M K www