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Amanda wants to pay the same amount each month on her car loan. The number of the payment various inversely with the monthly payment amount. If each monthly payment is $175, she makes 48 payments. how much would her monthly payment be if she wanted to pay off the loan in 30 Months?

User Itay Livni
by
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1 Answer

4 votes

Answer:

$280

Explanation:

175 x 48 = 8400

8400 / 30 = 280

User Fane
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