You obtain a vehicle loan from the bank for $34,720 for a term of 4 years at an annual interest rate of 7.5%. Use the amortization formula or a TVM calculator to determine monthly payments.
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Home » Business » You obtain a vehicle loan from the bank for $34,720 for a term of 4 years at an annual interest rate of 7.5%. Use the amortization formula or a TVM calculator to determine monthly payments.