Ask Question
12 December, 20:03

Karl is buying a truck for $8,000 with a down payment of $2,500. The bank approved a simple interest flat rate loan for 4 years at 9% APR. How much are the monthly loan payments? (round to the nearest cent)

A) $127.50

B) $155.83

C) $170.00

D) $184.17

+4
Answers (1)
  1. 12 December, 20:33
    0
    The answer is B.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Karl is buying a truck for $8,000 with a down payment of $2,500. The bank approved a simple interest flat rate loan for 4 years at 9% APR. ...” 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