A car is priced at $12,000. The monthly payment is 3% of the price. How much is the monthly payment?

Question

asked Jun 25, 2021 9.9k views

1 Answer

ZeroDotNet · Answer 1 · 2021-07-01T01:50:30+0000

Answer: $ 360

Explanation:

since the monthly payment is 3% of the price , this means that the monthly payment is 3% of 12000

= 0.03 x 12000

= $ 360