Question: Help fast! just need 23 23) Using the same facts as 116 , how long would it take to pay off 60% of the loan?.

23) Using the same facts as 116 , how long would it take to pay off 60% of the loan?. a. About 45 months b. About 50 months c. About 55 months d. About 38 months 16) A car loan for $33,550 has an interest rale of 5.25% and is amorlized over 60 months. What is the monthly payment on the loan? a. $425.78 b. $679.92 c. $636.98 d. $351.24
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
