Question

Mrs. Henry bought a used car for $13,600. She plans to make equal monthly payments for 4 years. How much is Mrs. Henry's monthly payment for the car

Answer 1

Mrs.Henry monthly payments would be $1,000

Explanation:

the car she bought is $13,000,1,000 is a tenths of that so that her how much her monthly payment is

Answer 2

Objective:
So, have to figure out monthly payment.

There are 12 months in 1 year.
So, 12 months*4 years (multiply) = 48 months
Therefore, there are 48 months in the total of 4 years that Mrs. Henry has to pay for.

13,600(total car payment)/48(months)= $283 ($283.33333)

So, in conclusion, Mrs.Henry’s payment for the car will be $283/month.