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you want to buy a $24,000 car. the company is offering 3% interest rate for 48 months (4 years). what will your monthly payments be?
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1 vote
you want to buy a $24,000 car. the company is offering 3% interest rate for 48 months (4 years). what will your monthly payments be?

User Joeforker
by
7.1k points

1 Answer

2 votes
515
24000×.03=720
720+24000=24720
24720÷48=515
User Subhrajyoti Das
by
6.8k points
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