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Damian took out a car loan for $10,500 that has a 0% APR for the first 12 months and will be paid off with monthly payments over 3 years. For how many months will Damian be char…
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Damian took out a car loan for $10,500 that has a 0% APR for the first 12 months and will be paid off with monthly payments over 3 years. For how many months will Damian be char…
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Apr 14, 2022
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Damian took out a car loan for $10,500 that has a 0% APR for the first 12
months and will be paid off with monthly payments over 3 years. For how
many months will Damian be charged interest?
A. 24 months
B. 48 months
C. 36 months
D. 12 months
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Answer: 24 Months
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