Murray buys a car for $10,995. he gets a trade-in allowance of $3995 for his old car. if he takes out a loan at 11% interest for 4 years, how much will the monthly payments be?

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asked Sep 25, 2018 74.1k views

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Murray buys a car for $10,995. he gets a trade-in allowance of $3995 for his old car. if he takes out a loan at 11% interest for 4 years, how much will the monthly payments be?

Mathematics
high-school

Chulo asked

by Chulo

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2 votes

Answer:

He would pay 167 each month with the 11% interest

Explanation:

Vlasta Po answered Sep 26, 2018

by Vlasta Po

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4 votes

he would pay 167 each month with the 11% interest

JIghtuse answered Sep 30, 2018

by JIghtuse

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