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    Car Loan Analysis Worksheet: Purchase Price

    Uploaded by

    Muhammad Bilal
    The document is a car loan analysis worksheet. It shows a $18,000 purchase price for a car with a $2,000 down payment and $1,500 trade-in value, leaving $14,500 to finance over 4 years at an 11% annual interest rate. This results in monthly payments of $374.76 for a total payment of $17,988.48, including $3,488.48 in finance charges.

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    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd

    Car Loan Analysis Worksheet: Purchase Price

    Uploaded by

    Muhammad Bilal
    118 views2 pages
    The document is a car loan analysis worksheet. It shows a $18,000 purchase price for a car with a $2,000 down payment and $1,500 trade-in value, leaving $14,500 to finance over 4 years at an 11% annual interest rate. This results in monthly payments of $374.76 for a total payment of $17,988.48, including $3,488.48 in finance charges.

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    car

    Original Title

    Car Loan Analysis

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    © Attribution Non-Commercial (BY-NC)

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    The document is a car loan analysis worksheet. It shows a $18,000 purchase price for a car with a $2,000 down payment and $1,500 trade-in value, leaving $14,500 to finance over 4 years at an 11% annual interest rate. This results in monthly payments of $374.76 for a total payment of $17,988.48, including $3,488.48 in finance charges.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    118 views2 pages

    Car Loan Analysis Worksheet: Purchase Price

    Uploaded by

    Muhammad Bilal
    The document is a car loan analysis worksheet. It shows a $18,000 purchase price for a car with a $2,000 down payment and $1,500 trade-in value, leaving $14,500 to finance over 4 years at an 11% annual interest rate. This results in monthly payments of $374.76 for a total payment of $17,988.48, including $3,488.48 in finance charges.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    Car Loan Analysis Worksheet

    Purchase price
    Less: Down Payment Trade-In Amount Financed $ 18,000.00 $ 2,000.00 $ 1,500.00 $ 14,500.00

    Term Of Loan Annual Finance Rate

    4 11.00%

    Monthly Payment Total Payment Finance Charge

    $374.76 $17,988.48 $3,488.48

    Worksheet

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