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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?
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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?

User Chulo
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2 Answers

2 votes

Answer:

He would pay 167 each month with the 11% interest

Explanation:

User Vlasta Po
by
7.7k points
4 votes
he would pay 167 each month with the 11% interest
User JIghtuse
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