You like to drive fast. And gas prices are rising. So , you decide it is time

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Question:

You like to drive fast. And gas prices are rising. So

,

you decide it is time to buy a Tesla Model S Plaid. The purchase price is $

125, 000 .

You have $

5, 000

as a down payment. If you can get a

6

year auto loan at

2.74 %

to finance the remainder what will be your monthly payment?

(

to the nearest dollar

)

Related Book For answer-question

Analysis for Financial Management

ISBN: 978-0077861780

11th edition

Authors: Robert Higgins

See More Books

Posted Date: Mar 20, 2024 01:18 AM

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You like to drive fast. And gas prices are rising. So , you decide it is time

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Assuming a loan term of 6 years which is 72 months the remaining ... View the full answer

Analysis for Financial Management

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