SOLUTION: you have saved up $4000 as a down payment on the car, but the rest will be borrowed from the bank at an interest rate of 4.9% compounded semi-annually for fours years. Calculate th
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Question 1008277: you have saved up $4000 as a down payment on the car, but the rest will be borrowed from the bank at an interest rate of 4.9% compounded semi-annually for fours years. Calculate the principle (amount you need to borrow from the bank) Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! you have saved up $4000 as a down payment on the car, but the rest will be borrowed from the bank at an interest rate of 4.9% compounded semi-annually for fours years. Calculate the principle (amount you need to borrow from the bank)
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What is the cost of the car?
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Cheers,
Stan H.
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