How much does she get to keep after paying off the loan

Reference no: EM13210350

A year after buying her car, Anita has been offered a job in Europe. Her car loan is for $15,000 at a 9% nominal interest rate for 60 months. If she can sell the car for $12,000, how much does she get to keep after paying off the loan?

Reference no: EM13210350

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