Posted by **Miller** on Tuesday, March 19, 2013 at 10:11am.

you have contacted a number of dearlerships to determine the best interest rate on a new car loan, dealship quoted a 5 year, 10% loan in the amount of $35,000 that will require monthly payments. What is the monthly loan payment. And what will the loan effective annual interest rate (EAR)?

## Answer This Question

## Related Questions

- Finance - you have contacted a number of dearlerships to determine the best ...
- Finance - you have contacted a number of dearlerships to determine the best ...
- Finance - you have contacted a number of dearlerships to determine the best ...
- Finance - You have arranged for a loan on your new car that will require the ...
- business finance - You have saved $15,000 for down payment on a car costing $55,...
- Algebra - Suppose A is the amount borrowed, r is the interest rate (in decimal ...
- Algebra - Suppose Alice buys a car and obtains a 5 year loan for $25,000 at an ...
- Algebra - I am trying to work through this problem and am having trouble. Can ...
- Algebra - I am trying to work through this problem and am having trouble. Can ...
- Finance - You have just purchased a new warehouse. To finance the purchase, you ...

More Related Questions