See the attachments for the answer :)
9514 1404 393
Answer:
(12480 -3600)/48
Step-by-step explanation:
Assuming a 0% interest rate, the monthly payment will be 1/48 of the amount remaining after the down payment:
_____
= 185
7 is closer to 10 and is more than half. 5 and up, go up one. 4 and below, stay the same.
8.475= 8.5
