Henry is thinking about buying a new car. The car sells for $24,400 and he has a $3,000 down-payment. Calculate his monthly payment if he finance the balance at j12=3.6% over 5 years

 

Henry is thinking about buying a new car. The car sells for $24,400 and he has a $3,000 down-payment.

Calculate his monthly payment if he finance the balance at j12=3.6% over 5 years

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