Ineed some !
larry is getting a loan to buy a car. the loan will be for $18,000 and will be p...
Mathematics, 27.09.2019 14:30 autumnguidry1622
Ineed some !
larry is getting a loan to buy a car. the loan will be for $18,000 and will be paid off over 4 years. one bank offers him an annual interest rate of 6%, which would make his payments $422.73. another bank offers him an annual interest rate of 8%, which would make his monthly payments $439.43.
what is the overall financial benefit for larry of taking the 6% loan?
Answers: 1
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