Question: Which formula is appropriate to solve for the beginning-of-the-month payment required for a car loan if you know the interest rate, length of the loan,

Which formula is appropriate to solve for the beginning-of-the-month payment required for a car loan if you know the interest rate, length of the loan, and the borrowed amount? 

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Method 2 You can calculate the Car Loan EMI Amount with the help of the mathematical formula EMI Amo... View full answer

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