Question
A bank is quoting a car loan as 7.2% APR. This $20,000 loan is for 48 months and equal payments are made monthly. Calculate the
A bank is quoting a car loan as 7.2% APR. This $20,000 loan is for 48 months and equal payments are made monthly. Calculate the amount of the monthly payment for this loan.
| A. | $416.67 | |
| B. | None of the other responses are correct | |
| C. | $480.78 | |
| D. | $600.98 | |
| E. | $446.67 |
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Robonomics Prepare Today For The Jobless Economy Of Tomorrow
Authors: John Crews
1st Edition
1530910463, 978-1530910465
