Math, asked by starkillerscp049, 1 year ago

Assume that you want to buy a car that costs, in total, $17,638.02. You are able to pay $5,000 down from money you earned from a summer job. You guardians agree to give you a loan with a 0% APR. However, you must repay them by the end of three years. How much money should you give them each month in order to meet this goal?

Answers

Answered by Anonymous
5
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at first substract the amount you have paid

17638 .02 - 5000 = 12638.02

now , divide it by 36
as you have to pay in three years..

you will get
12638.02 / 36

= 351.06 $approx.
you will have to pay each month..

HOPE IT WILL HELP YOU
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