The present value price of a car you would like to purchase today is $17,990. . You are approved for a 60 month (5-year) loan at 3.5% compounded monthly with no money down. . What is your monthly car...


The present value price of a car you would like to purchase today is $17,990.


.


You are approved for a 60 month (5-year) loan at 3.5% compounded monthly with no money down.


.


What is your monthly car payment?Round your answer to the nearestcent (i.e.2decimal places)



Jun 10, 2022
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