You Want To Buy A Car And A Local Bank Will Lend You 20 000 The Loan Will Be Ful
You want to buy a car, and a local bank will lend you $20,000. the loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 9% with interest paid monthly. what will be the monthly loan payment? do not round intermediate steps. round your answer to the nearest cent
