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A cars company sells require a down payment of $2000 and 48 monthly payments. The contract amount for any of the cars is at least $19,940. What is the amount of the monthly payment? (To the nearest whole
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A cars company sells require a down payment of $2000 and 48 monthly payments. The contract amount for any of the cars is at least $19,940. What is the amount of the monthly payment? (To the nearest whole dollar)

User Flovettee
by
6.0k points

2 Answers

1 vote
19,940-2000÷48=x(monthly payment)
17,940÷48=x
17,940÷48=373.75
The amount of the monthly payments is about $374 per month
User Itamar Bitton
by
6.2k points
1 vote
$415 with the 2k deposit
User The WebMacheter
by
5.8k points
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