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Loan term (n) 60 months Annual Percentage Rate (APR) 6% Monthly payment (MP) Find the monthly payment here

Loan term (n) 60 months Annual Percentage Rate (APR) 6% Monthly payment (MP) Find the monthly payment here

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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pls Add-ons Help Last edit was 22 minutes ago TURN IN Amaranth BIUA 8. =。| 三|ニ=▼E▼EE 3 11 I 4 7. 0.75% County tax 2,389.89 County tax = subtotal x 0.0075 1.25% Chicago tax 298.736225 Chicago tax = subtotal x 0.0125 Documentary fees Doc Fees = $166 Taxes & Fees Total (T&F Total) T&F Total = Sates + County + Chicago + De Total (Principal) = Subtotal + T&F Total Total Loan term (n) 60 months Annual Percentage Rate (APR) 6% Monthly payment (MP) Find the monthly payment here Exit session
Transcribed Image Text:pls Add-ons Help Last edit was 22 minutes ago TURN IN Amaranth BIUA 8. =。| 三|ニ=▼E▼EE 3 11 I 4 7. 0.75% County tax 2,389.89 County tax = subtotal x 0.0075 1.25% Chicago tax 298.736225 Chicago tax = subtotal x 0.0125 Documentary fees Doc Fees = $166 Taxes & Fees Total (T&F Total) T&F Total = Sates + County + Chicago + De Total (Principal) = Subtotal + T&F Total Total Loan term (n) 60 months Annual Percentage Rate (APR) 6% Monthly payment (MP) Find the monthly payment here Exit session
Monthly Cost of My Own Car ☆回 Insert Format Tools Add-ons Help Last edit was 22 minutes ago TURN D0% Normal text Amaranth BIUA 三 E E 8 10 Part 2 - Finance your car Obiective: • Calculate your monthly car payment Directions: 1. Get the price from the option that you chose in the table above 2. Complete the following table 3. Use the formulas on the left to find the amount of each row Dealership Price Get the price from the car you chose in the table above $10,988 20% Down payment 219,760 Down payment = Price x 0.20 Subtotal 4,395,200 Subtotal = price - down payme 7.25% Sales tax 318,652 Sales tax = subtotal x 0.0725 Exit session
Transcribed Image Text:Monthly Cost of My Own Car ☆回 Insert Format Tools Add-ons Help Last edit was 22 minutes ago TURN D0% Normal text Amaranth BIUA 三 E E 8 10 Part 2 - Finance your car Obiective: • Calculate your monthly car payment Directions: 1. Get the price from the option that you chose in the table above 2. Complete the following table 3. Use the formulas on the left to find the amount of each row Dealership Price Get the price from the car you chose in the table above $10,988 20% Down payment 219,760 Down payment = Price x 0.20 Subtotal 4,395,200 Subtotal = price - down payme 7.25% Sales tax 318,652 Sales tax = subtotal x 0.0725 Exit session
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