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| rev | Admin | (Created page with "A car dealership offers a 120-month loan for a blue car costing 30,000, with an annual nominal interest rate of 9% compounded monthly and level end-of-month payments. The dealership also offers a loan for a red car costing 33,000, with the same interest rate and end-of-month payments as for the loan for the blue car. Calculate the number of months needed to pay off the loan for the red car <ul class="mw-excansopts"><li>132</li><li>135</li><li>138</li><li>140</li><li>14...") | Nov 19'23 at 14:39 | +512 |