175k views
3 votes
Stacy wishes to pay off a loan of $5688 in 36 months. How large will the monthly payments be?

2 Answers

3 votes
$158/month. Just divide 5688 by 36, and that gives you the monthly payment.
User Dreambold
by
6.3k points
0 votes
5688 divided by 36 is 158, so the answer is 158. Without interest of course
User Litehouse
by
6.4k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.