Suppose that you borrow $10,000 for four years at 6% toward the purchase of a car. Use PMT= interest for the loan The monthly payment is $ (Do not round until the final answer. Then round to the nearest

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GCon asked Feb 27, 2023

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Suppose that you borrow $10,000 for four years at 6% toward the purchase of a car. Use PMT=

interest for the loan
The monthly payment is $
(Do not round until the final answer. Then round to the nearest cent as needed)
CA
to find the monthly payments and the total

Mathematics
college

GCon asked Feb 27, 2023

by GCon

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14 votes

Answer:

$234.85

Explanation:

Payment Every Month $234.85

Total of 48 Payments $11,272.81

Total Interest $1,272.81

Nguyen Tran answered Mar 5, 2023

by Nguyen Tran

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