Suppose that you decide to buy a car for $30,635, including taxes and license fees. You saved $8000 for a down PA payment and can get a four-year car loan at 5.86%. Use PMT= total interest for the loan. The monthly payment is $ 1-1+ nt to find the monthly payment and the D

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Suppose that you decide to buy a car for $30,635, including taxes and license fees. You saved $8000 for a down
payment and can get a four-year car loan at 5.86%. Use PMT=
total interest for the loan.
The monthly payment is $
(Round to the nearest cent as needed.)
P
1-1+
nt
to find the monthly payment and the
D
Transcribed Image Text:Suppose that you decide to buy a car for $30,635, including taxes and license fees. You saved $8000 for a down payment and can get a four-year car loan at 5.86%. Use PMT= total interest for the loan. The monthly payment is $ (Round to the nearest cent as needed.) P 1-1+ nt to find the monthly payment and the D
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