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adnan has decided to purchase an $9000 car. he plans on putting 20% down toward the purchase and financing the rest at 7.9% interest rate for 3 years. find his monthly payment
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2 votes
adnan has decided to purchase an $9000 car. he plans on putting 20% down toward the purchase and financing the rest at 7.9% interest rate for 3 years. find his monthly payment

User Alethes
by
7.3k points

2 Answers

7 votes
$184.20
This is because you take away 20% of the total cost due to the down payment, and then you add the interest cost. Divide the amount by 36 months.
User Xiddoc
by
7.0k points
4 votes

Answer:

225.29

Explanation:

User Sergej Herbert
by
6.2k points
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