Register

Imagine that you are buying a car and needed a loan for $20,000. Your interest rate is 5% and you want to pay it off in 6 years. What would your monthly payment be?

Imagine that you are buying a car and needed a loan for $20,000. Your interest rate is 5% and you want to pay it off in 6 years. What would your monthly payment be?
asked 24.3k views
1 vote
Imagine that you are buying a car and needed a loan for $20,000. Your interest rate is 5% and you want to pay it off in 6 years. What would your monthly payment be?

asked
User Omer Farooq
by
8.0k points

1 Answer

1 vote

Answer:

$377.42

Explanation:

answered
User Biruk Abebe
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!