A student buys a used car for 3000 with no money down she


Question: A student buys a used car for $3000 with no money down. She pays for the car in 30 equal monthly payments with interest at 12% per year compounded monthly.

a. What is the monthly loan payment?

b. What is the total Future payment?

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Microeconomics: A student buys a used car for 3000 with no money down she
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