Ask Question
3 November, 01:40

What would a monthly payment be on purchase of a 11,000 car at 6.9% for 3 years

+4
Answers (1)
  1. 3 November, 01:58
    0
    Number of months

    12*3=36 months

    3years=36 months

    Total interest

    (0.069*1,100*37) : (2*12)

    =117.0125

    Total paid

    117.0125+1,100

    =1,217.0125

    Monthly payment

    1,217.0125:36

    =33.80
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What would a monthly payment be on purchase of a 11,000 car at 6.9% for 3 years ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers