You would like to launch a new company called GreenDrive for a new product. The product is a compact car that is powered by household garbage instead of fueled by electricity or gasoline. The range of
o Prompt: Similar to the example in your text, calculate and present in a chart the cost of borrowing based upon: Principal borrowed of 89,000 12 Annual
o Prompt: Similar to the example in your text, calculate and present in a chart the cost of borrowing based upon: Principal borrowed of 89,000 12 Annual payments a year Monthly payments are $1,100 8.75% interest rate 72 total payments Period interest rate 1% What would be the final payment/balloon