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Rasek [7]
3 years ago
8

Car price $118,191

Mathematics
1 answer:
Alik [6]3 years ago
8 0

Answer:

3410.64

Step-by-step explanation:

Gonna assume that the 2.49 is the APR

present value of the loan= present value of the payments

effective rate: .0249/12= .002075

x= payment

118191=x\frac{1-(1+.002075)^{-36}}{.002075}\\118191=34.6536494355x\\x=3410.63645317

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