Question: You are considering purchasing a new camper that will cost you $43,000. The dealer offers you 2.9% APR financing for 48 months (with payments made
You are considering purchasing a new camper that will cost you $43,000. The dealer offers you 2.9% APR financing for 48 months (with payments made at the end of the month). Assuming you finance the entire $43,000 and finance through the dealer, your monthly payments will be (round to the nearest dollar):
a. $414
b. $950
c. $758
d. $1001
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