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Financial Math question.... What is the monthly payment for a $4,000 3 year loan with an APR of 7.50%

Financial Math question.... What is the monthly payment for a $4,000 3 year loan with an APR of 7.50%
asked 181k views
5 votes
Financial Math question....

What is the monthly payment for a $4,000 3 year loan with an APR of 7.50%

asked
User Shabunc
by
8.1k points

1 Answer

5 votes

Answer:

$124.42

Explanation:

look at the attachment for the formula I used

Financial Math question.... What is the monthly payment for a $4,000 3 year loan with-example-1
answered
User Alan Yong
by
9.9k points
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