assume you take out an 8,500$ car loan that calls for 48 monthly paymemts of 290$...

assume you take out an 8,500$ car loan that calls for 48 monthly paymemts of 290$ each. calculate the annual payment if the loan is repaid in four annual year end installments. need answer in cash not percent

Expert Solution


As nothing was mentioned excel is used.

jeff jeffy answered 3 days ago

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