Question

victor purchases a car for 10,608.he makes monthly payments for 48 months in order to pay of his car.He does not pay interest.how much are his payments?

Answer 1

Victor's monthly car payment is $220.17 for 48 months with no interest.

Step-by-step explanation:

Victor purchases a car for $10,608 and makes monthly payments for 48 months with no interest. To calculate the monthly payment, divide the total cost of the car by the number of months over which payments will be made. The calculation is as follows: $10,608 ÷ 48 months = $220.17 per month.