Question

D.

16 teams
3.Chris is taking out a car loan for $23,340. He will make equal payments each
month for 5 years.
How much will Chris pay each month on the car loan?
A.
$357
B.
$389
C.
$1,945
D.
$4,668

Answer 1

Explanation: There are 12 months in 1 year, so in that case we would do 12 x 5 which is equal to 60, which means you do 23340 divided by 60, which is 389

So it’s B.