Calvin Kaiser

5 April, 02:48

You would like to buy your dream car, a fully-loaded 2016 Toyota Prius, for $31,000, but can only afford to pay $430 per month. Based on a 4.5% interest rate:

A. How long would it take to pay off your car loan, years?

B. How long would it take if you were able to make 20% down payment?

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