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aaron bought a $3000.00 car from chad used cars. what was his cost of credit if he had a 4 year loan at 3.5% interest
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aaron bought a $3000.00 car from chad used cars. what was his cost of credit if he had a 4 year loan at 3.5% interest

User David M Smith
by
7.9k points

1 Answer

3 votes
i=ptr
i=(3000)(1461)(3.5%)
i=153405

his cost will be $153 405 by 4 years
User Keith Prussing
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8.0k points
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