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36 votes
36 votes
If you buy a car for $16,000 and pay 2.9% interest over 5 years, how much total money will you have paid for the car after the 5 years?

60 points on who answers and gives an explantion

User Leonardo Scotti
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2.8k points

2 Answers

12 votes
12 votes

Answer: with explanation

Explanation:

Answer:The second calculator helps you figure out what vehicle price you can ... loan above at 5% at 5 years and see how much we can save by paying it off in 3 ...Step-by-step explanation:Car Loan calculator for auto loan payments: This auto loan calculator figures monthly payments and shows impacts on an amortization table schedule.

User MrEyes
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3.4k points
11 votes
11 votes

Answer:The second calculator helps you figure out what vehicle price you can ... loan above at 5% at 5 years and see how much we can save by paying it off in 3 ...

Step-by-step explanation:Car Loan calculator for auto loan payments: This auto loan calculator figures monthly payments and shows impacts on an amortization table schedule.

User Zyrg
by
3.2k points