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Using the Web site finance.yahoo.com/rates/query?t=a, find the following:

a. What is the best rate that you could obtain for a 36-month new car loan in Poughkeepsie, NY?

b. Find the same information for Rapid City, SD.

c. Locate the same information for San Francisco, CA.

d. Based on the results in "a" through "c," what would be the best city in which to finance a new car purchase? Briefly discuss why there are differences in auto loan rates between Poughkeepsie, Rapid City, and San Francisco.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92060691

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