I have a project it it says..
"Create a compound interest equation (exponential growth) for the auto loan of your car. This auto loan will be for 60 months using the current national auto loan rate average…" I’m soo confused right now.. any help would do good..
Around 7.5% — 7.9%. Since it is an average, it changes every day. And how do you factor in the zero % loans on new Ford and GM cars. The car loans are usually 3,5,7 years long. Almost all interest in the first months..
What is the current "national auto loan rate average"?
Leave a comment
8 years for a car loan – amazing scam.
stay away from that site above.
If it’s too good to be true – it is.
/
References :
Around 7.5% — 7.9%. Since it is an average, it changes every day. And how do you factor in the zero % loans on new Ford and GM cars. The car loans are usually 3,5,7 years long. Almost all interest in the first months..
References :