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What is the largest amount which can be borrowed over three years at 4.5% APR if the largest affordable monthly payment is $279? (Round to the nearest ten dollars.)

What is the largest amount which can be borrowed over three years at 4.5% APR if the largest affordable monthly payment is $279? (Round to the nearest ten dollars.)
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4 votes
What is the largest amount which can be borrowed over three years at 4.5% APR if the largest

affordable monthly payment is $279? (Round to the nearest ten dollars.)

asked
User CopyrightC
by
8.3k points

1 Answer

6 votes

Answer:

$12.5 dollars

Explanation:

cc

answered
User Mljrg
by
9.0k points
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