Deal or No Deal: Understanding Car Loans - Practical Money Skills
Understanding Car Loans LESSON 3: STUDENT ACTIVITY SHEET Time Required: 15 minutes Down payment, interest rate, loan term—the lingo involved with buying a car can seem ... Lender Loan Principal Loan Term Interest Rate Monthly Payment Total Amount Paid Scenario 1 36 months 6.75% Scenario 2 48 months 4.75% Scenario 3 48 months 5.99% Research ... ................
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