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You Would Like to Buy a Harley Davidson and You

Question 62

Multiple Choice

You would like to buy a Harley Davidson and you can afford to make a down payment of $2,000 and pay monthly (end-of-month) payments of $1,320.If the term is 36 months and the loan rate is 9% (APR) ,then what is the maximum that you can pay for the motorcycle?


A) $43,509.78
B) $41,509.78
C) $39,509.78
D) $40,095.71
E) $42,095.71

Correct Answer:

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