You want to buy a new sports car from Muscle Motors for $57,000. The contract is in the form of an annuity due for 72 months at an APR of 10.25 percent. What will your monthly payment be

A = $1,108.96 per month

Explanation:

In this case, we need to apply the formula for present value of an ordinary annuity on the assumption that payment is made on monthly basis. The present value, interest rate (APR), number of years and number of installments in a year were provided in the question with the exception of monthly payment.

answer; /// i believe that the correct answer is ( contemporary crm)

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi