Multiple Choice
You are considering purchasing a new automobile that will cost you $28,000.The dealer offers you 4.9% APR financing for 60 months (with payments made at the end of the month) .Assuming you finance the entire $28,000 and finance through the dealer,your monthly payments will be closest to:
A) $1454.
B) $527.
C) $467.
D) $457.
Correct Answer:
Verified
Correct Answer:
Verified
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