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Why is my answer in red? What did I do wrong?
I'm trying to figure out how much monthly car payments will be for a $15,000 car. with 48 monthly payments at an interest rate 14.9% I put: 14.9%/12 in the rate box. 48 in Nper. and 15000 in Pv. I end up with $416.70 in red print |