W07.11 Vehicle Loan Assessment - W07 Vehicle Loan Assessment Q#1 Question 1 1 1 point Calculate the monthly payment to the nearest cent given the

# W07.11 Vehicle Loan Assessment - W07 Vehicle Loan...

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W07 Vehicle Loan Assessment Q#1 Question 11 / 1 pointCalculate the monthly payment to the nearest cent, given the following assumptions: (vehicle sale price = \$15,600, sale tax % = 5.25%, down payment = \$2000, loan APR compounded monthly = 3.75%, years = 4). A) \$323.96B) \$291.85C) \$351.74D) \$348.65E) \$289.56 W07 Vehicle Loan Assessment Q#2 Question 21 / 1 pointTo the nearest dollar, calculate the total payout in interest for a vehicle loan given the following assumptions: (vehicle sale price = \$17,600, sale tax % = 4.5%, down payment = \$2500, loan APR compounded monthly = 7.25%, years = 3). W07 Vehicle Loan Assessment Q#3 Question 31 / 1 pointTo the nearest dollar, calculate the total interest saved on a vehicle loan by financing over three years instead of five years, given the following assumptions: (vehicle sale price = \$12,500, sale tax % = 6%, down payment = \$2800, loan APR compounded monthly = 5.25%).  #### You've reached the end of your free preview.

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