To buy a used car,you have two options.You can pay $10,400 in cash today (December 12,2014)or you can pay $R every month,from December 12,2014 and to July 12,2017.If the interest rate is j₁₂ = 6%,what is R? A)$352.50 B)$362.99 C)$350.75 D)$361.19

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The Answer of To buy a used car,you have two options.You can pay $10,400 in cash today (December 12,2014)or you can pay $R every month,from December 12,2014 and to July 12,2017.If the interest rate is j₁₂ = 6%,what is R? A)$352.50 B)$362.99 C)$350.75 D)$361.19

To Buy a Used Car,you Have Two Options