A person finances $35,500 for a new car for 6 years at 4.5% APR. What is their monthly payment?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 19PROB
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A person finances $35,500 for a new car for 6 years at 4.5% APR. What is their monthly payment? 

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