mat MET graduate from NJIT, bought a sport car for 545,000 with a down payment of 510.500. The redeat saved the S10.500
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mat MET graduate from NJIT, bought a sport car for 545,000 with a down payment of 510.500. The redeat saved the S10.500
mat MET graduate from NJIT, bought a sport car for 545,000 with a down payment of 510.500. The redeat saved the S10.500 for his dream car. He expects to take good care of the car. The dealership trees take the student's old car back for 7,500 at the end or 3 years in the monthly payment is (3450) what is the nominal interest rate on this loan? b What is the effective interest rate?
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