Question 3 Suppose that Easy Auto offers an “easy payment scheme” on a used car of $5000 a year, paid the end of each of
Posted: Wed May 18, 2022 11:11 pm
Question 3
Suppose that Easy Auto offers an “easy payment scheme” on a used
car of $5000 a year, paid the end of each of the next 4 years, with
no cash down. What the car really cost you if the interest rate
charges on used car is 8% per annum?
Suppose that Easy Auto offers an “easy payment scheme” on a used
car of $5000 a year, paid the end of each of the next 4 years, with
no cash down. What the car really cost you if the interest rate
charges on used car is 8% per annum?