Finding monthly payment, You want to purchase a new sports

Finding monthly payment

Reference no: EM1348347

You want to buy a new sports coupe for $49,500, and the finance office at the dealership has quoted you a 10.0 percent APR (This is an annual rate. Divide it by 12 to get a monthly rate) loan for 48 months to buy the car. Your monthly payment will be $

Reference no: EM1348347

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Finding monthly payment : You want to purchase a new sports coupe for $49,500, and the finance office at the dealership has quoted you a 10.0 percent APR this is an yearly rate.

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