Question: Please give the formula without using excel. Fast Eddie's Used Cars will sell you a 1986 Ford Escort for $4,000 with no money down. You

Please give the formula without using excel.

Fast Eddie's Used Cars will sell you a 1986 Ford Escort for $4,000 with no money down. You agree to make weekly payments for 2 years, beginning one week after you buy the car. The stated rate on the loan is 26%. How much is each payment? A) B) 32.96 37.06 39.19 D) 45.9 49.41

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