Question

You want to buy a car with a local bank that will lend you $ 20000. The loan will fully amortized over 5 years and nominal rate of interest rate will be 14% with interest paid monthly ,then
what will be your montlhy payment ?
Effective annual rate ?
Explain why total interest is different ??​

Answer 1

Answer:

C chl koi ni kr rhi hu to be a great day of school and

Answer 2

Explanation:

about loan And about car he