Q3 You need money to buy a new car. You can pay $4000 in one year,...

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Q3 You need money to buy a new car. You can pay $4000 in one year, and then $6000 each year for the next three years. If the bank wants 10% interest rate how much you can borrow now to buy the car. Q3 You need money to buy a new car. You can pay $4000 in one year, and then $6000 each year for the next three years. If the bank wants 10% interest rate how much you can borrow now to buy the car.