Question
A student buys a car from a dealer for $43,000 with no down payment. He pays for the car in 48 equal monthly payments
A student buys a car from a dealer for $43,000 with no down payment. He pays for the car in 48 equal monthly payments with interest at 5% per annum, compounded monthly. What is his monthly loan payment?
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Get StartedRecommended Textbook for
College Algebra
Authors: Robert F Blitzer
7th Edition
013449492X, 9780134453262
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