Question

Chico is financing a car for $9,550 and an APR 8.9 percent for 3 years. What is his monthly payment if the monthly payment per $100 is $3.18?

Answer 1

the monthly payment is $303.69

Explanation:

this is how i got it:

9,550 divided by 100= 95.5

95.5 x 3.18= 303.69

so the monthly payment it $303.69