Question 40 (1 point) Saved You wish to buy a $45,000 car. The dealer offers you...

Question

Question

business finance

Answer 1

Answer #1

Using financial calculator input

PV =45000

N=6×12=72

I/Y= 2.5/12

Solve for PMT as -673.69

Hence the monthly payments will be 673.69 dollars

Answer 2

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