Question: Susan DeVaux bought the car and made a down payment of $ 4 0 0 0 . The dealer charged her the same interest rate

Susan DeVaux bought the car and made a down payment of $4000.
The dealer charged her the same interest rate used in his advertised
offer.
(a) What is the monthly interest rate? How much will Susan pay
each month for 48 months? What effective interest rate is being
charged?
(b) Find the Ethics Guide of the National Automobile Autodealers
Association (NADA). If you were selling an auto on-line would you
practice these guidelines?

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