Question: please show all work. HII = IT -, Subtract your down payment from the total car cost. That amount is what you will finance. 3.
HII = IT -, Subtract your down payment from the total car cost. That amount is what you will finance. 3. How much will you finance for the purchase of your car? $ 44,043.75 You will take a 60-month loan with a 9% APR 4. Using the monthly payment calculation formula (on the next page), show ALL work and determine the monthly payment for your loan. You may need to show this work on other paper and upload a photo ately if needed or scan and upload that scanned doc: M= 12 -1 M-monthly payment Pamount borrowed annual interest rate number of monthly payments MacBook Pro % A & * # 3 ) 4 5 6 7 8 9 O
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