Name Test 1
A 48
B 35
C 48
D 39
E 50
F 22
G 15
H 50
I 45
J 47
K 38
Car Finance
PRICE OF THE CAR 21000
DISCOUNT 2500
DOWNPAYMENT 2500
Amount to finance 16000
Interest 9%
Period (Years) 4
Montly Payment
Total Payment $0.00
Rate 9%
Nper 30
Pmt $2,500
Fv $117,260.16
PRICE OF THE CAR 24000
DISCOUNT 1000
DOWNPAYMENT 2000
Amount to finance 21000
Interest 9%
Period (Months) 60
Montly Payment $435.93
Total Payment $26,155.53
Interest Earned by the Finance Instituion $5,155.53
Car Finance