26.3k views
3 votes
What the car monthly payment?? Show work plz

What the car monthly payment?? Show work plz-example-1
User Hpm
by
5.5k points

1 Answer

5 votes

Answer:

$656.25

p=35000

t=5

r=2.5

interest=ptr/100

=35000x5x2.5/100

=4375

amount=p+i

=35000+4375

=39375

now,

5 yr= 5x12months = 60 months

$39375/60=$656.25

i think so...

User Cremons
by
6.0k points