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You want to buy a new sports car from Muscle Motors for $54,000. The contract is in the form of a 48-month annuity due at

You want to buy a new sports car from Muscle Motors for $54,000. The contract is in the form of a 48-month annuity due at a 8.50 percent APR.

Required:

What will your monthly payment be?

rev: 09_17_2012

$1,255.56

$1,321.65

$1,331.01

$1,295.21

$1,348.08

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