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A person will pay a car dealer a total of $14,196 to be paid in 60 equal monthly installments. What is her monthly bill ?

A person will pay a car dealer a total of $14,196 to be paid in 60 equal monthly installments. What is her monthly bill ?
asked 216k views
4 votes
A person will pay a car dealer a total of $14,196 to be paid in 60 equal monthly installments. What is her monthly bill ?

asked
User Soumya Ranjan
by
8.8k points

1 Answer

2 votes

Answer:

$236.60

Explanation:

You have to divide $14,196 by 60 months to get $236.60.

answered
User Rwong
by
8.0k points
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