Sylvia wants to buy a car and feels that she can afford payments of $345 per month (month-end payments) for five years.
Posted: Sun May 29, 2022 6:18 pm
Sylvia wants to buy a car and feels that she can afford payments of $345 per month (month-end payments) for five years. Using an interest rate of j12=4.8%, what is the most expensive car that she can buy? Your Answer: Answer