Mathematics, 07.11.2020 22:20 Playboycxm
Mike purchases a $22,000 car and plans to pay back the loan by making monthly payments over the course of 5 years. The interest rate is 3%. Compute Mike’s monthly payments using the amortization formula.
$383.09
$395.32
$427.91
$442.63
Answers: 2
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Mike purchases a $22,000 car and plans to pay back the loan by making monthly payments over the cour...
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