Issues in Economics Today 7th Edition by Robert Guell

تمرين 8

A 60-month car loan (where no down payment was made) with a 6 percent interest rate and a monthly payment of $500 would allow the borrower to buy a
A) $35,500 car.
B) $30,000 car.
C) $25,863 car.
D) $28,200 car.