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Business, 06.03.2020 05:54 carethegymnast8954

A year after buying her car, Anita has been offered a job in Europe. Her car loan is for $15,000 at a 9% nominal interest rate for 60 months. If she can sell the car for $12,000, how much does she still owe to pay off the loan? (ANS: Anita still owes $512.55)

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A year after buying her car, Anita has been offered a job in Europe. Her car loan is for $15,000 at...

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