Question

fransiscos bank offers car financing for 3,4 or 5 years. if fransisco chooses 3-year financing, how many monthly payments will he have?

Answer 1

How much money the payment is in one year, then divided by 12.

Explanation:

To do this, lets say that Francisco's bank earns 120036$ a year.

120036/12=1003$ a month

How much payment in one year, then divided by 12.