10. Tammy purchased a vehicle for $35,000 two years ago using a 5 percent, 5-year loan. She has decided that he would sell the car now, if she could get a price that would pay off the balance of her...


10. Tammy purchased a vehicle for $35,000 two<br>years ago using a 5 percent, 5-year loan. She has<br>decided that he would sell the car now, if she<br>could get a price that would pay off the balance of<br>her loan. What is the minimum price Tammy would<br>need to receive for her car?<br>11. Give the same information in #10, when Tammy<br>made her 24th payment what was the payment<br>amount, interest paid and principle paid?<br>

Extracted text: 10. Tammy purchased a vehicle for $35,000 two years ago using a 5 percent, 5-year loan. She has decided that he would sell the car now, if she could get a price that would pay off the balance of her loan. What is the minimum price Tammy would need to receive for her car? 11. Give the same information in #10, when Tammy made her 24th payment what was the payment amount, interest paid and principle paid?

Jun 02, 2022
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