asked 107k views
2 votes
adnan has decided to purchase an $9000 car. he plans on putting 20% down toward the purchase and financing the rest at 7.9% interest rate for 3 years. find his monthly payment

asked
User Alethes
by
9.1k points

2 Answers

7 votes
$184.20
This is because you take away 20% of the total cost due to the down payment, and then you add the interest cost. Divide the amount by 36 months.
answered
User Xiddoc
by
8.4k points
4 votes

Answer:

225.29

Explanation:

answered
User Sergej Herbert
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.