Question: can you also explain how to get the first payement ? Problem 6-4 You have just purchased a new car for $60,000. You pay no

can you also explain how to get the first payement ?

Problem 6-4 You have just purchased a new car for $60,000. You pay no money down and will make 60 equal monthly payments starting next month. The interest rate is 10% per year. Amortize the first three months of your loan

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