Question

Ash Lee bought a new Brunswick boat for $17,000. He made a $2,500 down payment on it. The bank's loan was for 60 months. Finance charges totaled $4,900. His monthly payment is:

Answer 1

Answer: $323.33

Explanation:

($17,000 + $4,900 - $2,500) ÷ 60 months = $323.33 per month

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price finance down payment