Question: Please put the formula and what to put in each box. Thanks. You're thinking about buying a car using a loan for part of the
You're thinking about buying a car using a loan for part of the cost. You know you want to pay $200 per month at most, the dealership is offering 1% interest annually for 60 months. Using the PV (present value) . function. solve for what loan amount fits your desired monthly payment
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
