You are looking at buying a car. The car costs $23,000 and you have $3,000 saved up for a down payment. You have been pre-approved by your credit union for a 3.00% auto loan for 3 years. The dealer is also offering you a choice between a 0% loan for 3 years or $1,500 cash back. 

How much is your payment if you choose the credit union loan?

Answer rating: 100% (QA)

To calculate your monthly payment for the credit union loan you can use the formula fo... View the full answer