Your cousine has just bought a used car for 600 he is to


Your cousine has just bought a used car for $600. He is to pay for it as follows. A $ 2,000 down payment and 24 end of months payments of $ 177.28. What nominal annual intereste rate is being paid ? what is the actual interest rate ?

Request for Solution File

Ask an Expert for Answer!!
Electrical Engineering: Your cousine has just bought a used car for 600 he is to
Reference No:- TGS0611167

Expected delivery within 24 Hours