What is interest rate on a four- or five-year new car loan


Problem

What is the interest rate on a 4- or 5-year new car loan at a bank or credit union in your area? What is the most recent value of the Consumer Price Index (CPI)? If inflation matches that rate, what is the real interest rate you would pay on the car loan? Include references for the sources of your data.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is interest rate on a four- or five-year new car loan
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