You want to buy a new car costing 45000 the local dealer, Ask an Expert

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You want to buy a new car costing 45000. the local dealer has offered 0% down and financing at 13% for 60 months. your disposal income that you have available to make a car payment is 1000 per month. what monthly interest rate can you afford and what is the effective annual interest rate?

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Financial Management, Finance

Category:- Financial Management
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