Noel and Herman are now trying to decide between a 48-month and a 60-month car loan. If

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Noel and Herman are now trying to decide between a 48-month and a 60-month car loan. If the loan is for $10,000 at 6 percent, what is the difference in the monthly payments?

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Personal Finance Turning Money into Wealth

ISBN: 978-0133856439

7th edition

Authors: Arthur J. Keown

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Question Posted: Jan 13, 2016 01:39 AM

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Noel and Herman are now trying to decide between a 48-month and a 60-month car loan. If

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The difference in monthly payments is 4152 The payment for the 48 month l...View the full answer

Personal Finance Turning Money into Wealth

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