Car buying assignment #2 - Mr. Harris
Monthly Payment, for example: =pmt(rate, period, present value). For a 30000 dollar car it would be: =pmt(.09/12, 60, -30000) The value is negative because the loan has a value of negative 30,000 dollars to you. Sheet 3, Monthly Car Cost. This sheet will include your choice. Remember, the car of your choice has to cost less than 500 per month ... ................
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