Emily is buying a new car for $1,700.

Jun 9th, 2015
Price: $5 USD

Question description

Emily is buying a new car for $1,700. The dealer is charging her an annual interest rate of 11.7%. If she pays off the loan in 36 months, what are her monthly payments? If she makes a down payment of $200, how much will her monthly payment be? Round to two decimal places.

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(Top Tutor) Daniel C.
School: Rice University

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Jun 9th, 2015
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