Corporate Finance Assignment/ Professional Essay Writers
May 8th, 2020
1. (6 Points)
A newspaper advertisement offers a $9,000 car and loans the money to a buyer charging $1000 in interest for a 24-month payment plan.
a) Calculate the time in years.
b) Calculate the interest rate, to the nearest hundredth.
c) Calculate the APR, to the nearest hundredth Tise the editor to format your answer. Get Finance Help Today