He has decided that he would sell the car now if he could


Hank purchased a $28,000 car two years ago using a 8 percent, 4-year loan. He has decided that he would sell the car now, if he could get a price that would pay off the balance of his loan.

What's the minimum price Hank would need to receive for his car?

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Finance Basics: He has decided that he would sell the car now if he could
Reference No:- TGS02629084

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