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$250 per month at 6%apr for 4 years what is the most expensive car can you afford
Guest Mar 15, 2012
 #1
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[input]250 = x* (0.06/12)*(0.06/12+1)^36 / ( (1+0.06/12)^36-1 )[/input]
x=8217$

cnnpot:

$250 per month


I think you forgot a "0"

[input]2500 = x* (0.06/12)*(0.06/12+1)^36 / ( (1+0.06/12)^36-1 )[/input]
x=82177
now you can afford a nice German car.
admin  Mar 15, 2012

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