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Business, 30.12.2021 02:40 stankyweezle
John is planning to take out a personal loan for $4,500 to buy a car. He would like to keep his monthly payments at or below $150. 00 and pay the loan off in three years. Which of the following is the greatest interest rate John can accept and still meet his criteria? a. 10. 75% compounded monthly b. 11. 50% compounded monthly c. 12. 25% compounded monthly d. 13. 00% compounded monthly.
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John is planning to take out a personal loan for $4,500 to buy a car. He would like to keep his mont...
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