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Peter decided to buy a new car. He made a $2,160 down payment and then took a 48-month loan. The total amount for the car, plus interest on the loan, was $16,560. How much did Peter have to pay each month?
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Peter decided to buy a new car. He made a $2,160 down payment and then took a 48-month loan. The total amount for the car, plus interest on the loan, was $16,560. How much did Peter have to pay each month?

User Kirsty White
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1 Answer

2 votes
16,560÷48=345
....................
User Batu
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7.9k points
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