What is the highest rate you can afford on a 60-month apr
You want to borrow $74,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,500, but no more. Required: Assuming monthly compounding, what is the highest rate you can afford on a 60-month APR loan?
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you want to borrow 74000 from your local bank to buy a new sailboat you can afford to make monthly payments of 1500 but
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