If wheelz would let her make equal monthly payments of 920


Katie wants to buy a car that is available at two dealerships. The price of the car is the same at both dealerships. Auto world would let her make quarterly payments of $2,250 for 5 years at a quarterly interest rate of 3.82 percent. Her first payment to Auto World would be due immediately. If Wheelz would let her make equal monthly payments of $920 at a monthly interest rate of 1.35 percent and if her first payment to Wheelz would be in 1 month, then how many monthly payments would Brenna need to make to Wheelz? please round 2 decimal places

Solution Preview :

Prepared by a verified Expert
Business Economics: If wheelz would let her make equal monthly payments of 920
Reference No:- TGS02911367

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)