Business, 11.11.2019 23:31 Apple557

After graduating this may, dale is planning on buying a new ferrari for $250,000. he decides to finance his new car with a 5 year loan from citibank with a 12% interest rate. his annual payment is $48,986. what will dale's principal payment be at the end of the first year? group of answer choices a) $5879 b) $1 c) $18986 d) $5.

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After graduating this may, dale is planning on buying a new ferrari for $250,000. he decides to fina...