Your car loan requires payments of £300 per month for the first year and payments of £600 per month during the second ye
Posted: Thu May 26, 2022 8:07 am
Your car loan requires payments of £300 per month for the first year and payments of £600 per month during the second year. The APR is 24% and payments begin in one month. What is the present value of this 2-year loan?