What are the monthly loan payments for the car

Assignment Help Financial Management
Reference no: EM132009229

The Shelby Cobra retails for $33,962 (all taxes included). What are the monthly loan payments for the car if you make down payment of $4,172, the term is 4 years and the APR is 13 %? (Car loan payments are made at the end of each month.)

What is the amount of the monthly payment? (round to nearest cent)

Reference no: EM132009229

Questions Cloud

Relationship between the business environment and project : What is the relationship between the business environment and project scope. What are some examples of reasonable and irrational reasons for scope changes.
Componets of transportation of olympic athletes : What would you considered to be componets of transportation of Olympic athletes to competitive venues in and around Rio.
Based on the dividend discount model : What is the Hampton’s stock current price in 2018 based on the dividend discount model?
Develop a summary of key legal and ethical issues : Develop a summary of key legal and ethical issues potentially facing an international start-up manufacturing company.
What are the monthly loan payments for the car : What are the monthly loan payments for the car if you make down payment of $4,172, the term is 4 years and the APR is 13 %?
Pm benefit from closing these risk events : Why is it important for closing a risk event, should a PM benefit from closing these risk events.
What are some of the causes of these delays that lead : What are some of the causes of these delays that lead to claims by owners against the contractors?
Calculate the total contribution margin : A firm expects to sell 25,200 units of its product at $11.20 per unit and to incur variable costs per unit of $6.20. Calculate the total contribution margin
How long will it take you to pay off the credit card balance : If you make a constant monthly payment of $323 how long will it take you to pay off the credit card balance?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd