Question 6 The car dealership is offering to sell you the 2014 Corvette with only minor axle damage for $408 monthly pay
Posted: Wed Jul 06, 2022 6:40 pm
Question 6 The car dealership is offering to sell you the 2014 Corvette with only minor axle damage for $408 monthly payment for the next 7 years. Your first payment would be at the end of the month. You qualify for a loan at 4.3% interest rate. Calculate the present value of these payments to determine how much they are charging you for the car. Post your answer in whole numbers. For example $10,000