The term upside down on car payments refers to owing more than a car is worth. Assume
Chapter 1, Problem 61(choose chapter or problem)
The term upside down on car payments refers to owing more than a car is worth. Assume you buy a new car and finance 100% over 5 years. The difference between the value of the car and what is owed on the car is governed by the expression where t is age (in years) of the car. Determine the time period when the car is worth more than you owe . When do you owe more than its worth
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