A used car costs $6,472. A down payment of $1,000 is required. The remaining balance is to be paid in 36 equal monthly payments.
What would be the monthly payment?
$179.78
$207.56
$152
$148
1 answer:
The answer should be $152.
$6,472 - $1,000 = $5,472
Divide $5,472 by 36 and you end up with $152.
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