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15 votes
15 votes
do you want to buy a $30,000 car the company is offering a 5% interest rate for 48 months what will your monthly payments be

User Ekeren
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1 Answer

12 votes
12 votes

Answer: 656.25

Explanation:

30000 times 1.05 (aka 5%) = 31500

31500/48 = 656.26

User Dcpomero
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