Mathematics, 06.03.2020 10:36 coggonp
11) Mantago wants to borrow $10,000 to buy a used car. He examined his budget and decides that he can afford a
payment of $200 a month. If his bank offers him an APR of 7.5%, how long should he borrow the money so he
can afford his monthly payment?
A. 3.5 years
C. 4.5 years
B. 4 years
D. 5 years
Answers: 3
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11) Mantago wants to borrow $10,000 to buy a used car. He examined his budget and decides that he ca...
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