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20 October, 07:47

Brenda's bank offers car financing for 3, 4 or 5 years. If brenda chooses 5-year financing, how many monthly payments will she have?

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  1. 20 October, 07:56
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    The number of monthly payments Brenda will have will be given by:

    Number of payments=[Number of years]*[number of months]

    Number of years=5

    Number of months=12

    hence

    # Payments=5*12=60 monthly payments
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