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A cars company sells require a down payment of $2000 and 48 monthly payments. The contract amount for any of the cars is at least $19,940. What is the amount of the monthly paym…

A cars company sells require a down payment of $2000 and 48 monthly payments. The contract amount for any of the cars is at least $19,940. What is the amount of the monthly paym…
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A cars company sells require a down payment of $2000 and 48 monthly payments. The contract amount for any of the cars is at least $19,940. What is the amount of the monthly payment? (To the nearest whole dollar)

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User Flovettee
by
8.4k points

2 Answers

1 vote
19,940-2000÷48=x(monthly payment)
17,940÷48=x
17,940÷48=373.75
The amount of the monthly payments is about $374 per month
answered
User Itamar Bitton
by
8.4k points
1 vote
$415 with the 2k deposit
answered
User The WebMacheter
by
7.9k points
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