asked 184k views
5 votes
chris Smith is making car payments of $232.50 for the next 48 months to pay off a loan for a new truck he borrowed $10,000 from a bank to purchase the car how much will he make in car payments over the next 4 years? How much will he pay back than the original amount of loan?

1 Answer

6 votes

Each Car payment = $235.50

For 48 months

answered
User Subhalaxmi
by
8.6k points
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