Question: please include cash flow diagram if applic. A young couple is purchasing a new sport utility vehicle. The price of the new vehicle is $28,300,

please include cash flow diagram if applic. A young couple is

please include cash flow diagram if applic.

A young couple is purchasing a new sport utility vehicle. The price of the new vehicle is $28,300, sales tax is 7.5%, title and registration will cost $105. The dealer is offering a special finance rate of 1.9% APR for 36 months (com- pounded monthly). The couple will pay $10,000 cash for a down payment What will their monthly payments be

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