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lexus 350 the bank agrees to give you a loan of 45000 with 2% simple interest over 5 years, how much will your monthly payment be

User Chriskievit
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Answer:

450/100*2 = 900;

45000+900 = 45900;

45900/60(5 years = 60 months) = 765$;

I hope that I am right!

User Rahul Rathore
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