Mathematics, 12.06.2020 08:57 chie42

benjamin considers purchasing a car for$35,000.he has been approved for a 6year loan for $30,000with an interest rate of5.25% .he also has the option to lease the car for$600 per month for66years with a$2,500 down payment. using the loan amortization formula, how much money does benjamin save over the 6years if he purchases the car? do not consider the future value of the car in your answer.

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benjamin considers purchasing a car for$35,000.he has been approved for a 6year loan for $30,000with...