You want to purchase a new car since the prices have, Financial Management

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You want to purchase a new car since the prices have

You want to purchase a new car since the prices have dropped so low due to the current economic condition. You can purchase the car for $18,000. You know that you can get a loan at 4.5% (compounded monthly). How long will it take you to pay off the loan if you can make a monthly payment of $350? Please show work... not with a computer program.

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Financial Management: You want to purchase a new car since the prices have

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Financial Management: You want to purchase a new car since the prices have

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