Mathematics, 22.06.2020 08:57, balletbella0531
If Bonnie financed $10,000 for a new car at a 4% APR, paid back over 5 years, her monthly
principal + interest payment would be $184.
a. Assuming she keeps her car and pays it off in 5 years, how much total money will she have paid
the lender in 5 years?
b. How much of the total money paid in part (a) was interest to the bank/lender?
Answers: 1
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If Bonnie financed $10,000 for a new car at a 4% APR, paid back over 5 years, her monthly
principal...
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