Question: Question 4 (5 points) I have saved $3,000 for a down payment on a new car. Suppose I am provided with the terms of the
Question 4 (5 points) I have saved $3,000 for a down payment on a new car. Suppose I am provided with the terms of the loan call for five equal end of year installments of $4,788. Assuming that the interest rate is 5.5%, how much am I paying for this car? (PS. Don't forget to add the down payemnt to the amount you calatuate.) $20,745.62 O$26,940.00 Ote Type here to search CA
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