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1. If you take out an auto loan of $11,750 at 6.5% interest for 54 months, what will your monthly payment be? Round your answer to the nearest cent.$
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1. If you take out an auto loan of $11,750 at 6.5% interest for 54 months, what will your monthly payment be? Round your answer to the nearest cent.$

1. If you take out an auto loan of $11,750 at 6.5% interest for 54 months, what will-example-1
User HansHarhoff
by
8.1k points

1 Answer

3 votes

Loan = $11,750

Interest = 6.5%

54 months

Then


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User Jesse Amano
by
7.3k points
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