asked 194k views
3 votes
Amanda wants to pay the same amount each month on her car loan. The number of the payment various inversely with the monthly payment amount. If each monthly payment is $175, she makes 48 payments. how much would her monthly payment be if she wanted to pay off the loan in 30 Months?

1 Answer

4 votes

Answer:

$280

Explanation:

175 x 48 = 8400

8400 / 30 = 280

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User Fane
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