Question: please show excel formula to determine answer: Car Loans (NPER). (Hint: P/Y=12) How many months will you pay on a car loan of $40202 with
please show excel formula to determine answer:
Car Loans (NPER). (Hint: P/Y=12) How many months will you pay on a car loan of $40202 with a payment of 3,497.11 per month at 8 interest per year?"
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
