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You want to buy a new Car for $50,000 and the dealer has quoted you a Car loan with an APR of 6% for 36

You want to buy a new Car for $50,000 and the dealer has quoted you a Car loan with an APR of 6% for 36 months to buy the car. Now consider you make a down payment of 20,000 to buy this Car. What will your monthly payments be? (choose the closest number) Note: Down payment is an upfront initial payment made when something is bought on credit. 756.98 912.66 850.65 1,055.87

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