It is the perce 5.12(1.1 Vehicle Purchase. comobile to purchase and include a printout of...

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It is the perce 5.12(1.1 Vehicle Purchase. comobile to purchase and include a printout of the vehicle along with the purchase/advertised price. I have set a maximum price of $50,000 on the desired auto. Purchase / Advertised Price = 4 31,489 To cover tax, licensing and document fees add 10% to the above numb Down Payment, used to lower the amount borrowed, no more than half the Amount of money borrowed $724,638 Use the following numbers to finance the vehicle: Time: 6 years ( 72 months ) Rate: 2.5% Simple interest Show work: A = P(1 + rt) Calculate the amount owed back to the lender = How much in interest will you pay to finance the car = Divide the amount owed to the lender by the number of months to get your Payment Payment = It is the perce 5.12(1.1 Vehicle Purchase. comobile to purchase and include a printout of the vehicle along with the purchase/advertised price. I have set a maximum price of $50,000 on the desired auto. Purchase / Advertised Price = 4 31,489 To cover tax, licensing and document fees add 10% to the above numb Down Payment, used to lower the amount borrowed, no more than half the Amount of money borrowed $724,638 Use the following numbers to finance the vehicle: Time: 6 years ( 72 months ) Rate: 2.5% Simple interest Show work: A = P(1 + rt) Calculate the amount owed back to the lender = How much in interest will you pay to finance the car = Divide the amount owed to the lender by the number of months to get your Payment Payment =

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