Sarah is shopping for a car, and she has $2,000 to make a down payment. She finds a car that she likes for $13,500. Her bank is willing to finance the purchase at an interest rate of 7.5 percent per year for a maximum of 5 years. What are her monthly payments if she makes a down payment of $1,500 and finance the remainder for 5 years? (answer in whole number)
Sarah is shopping for a car, and she has $2,000 to make a down payment. She finds a car that she likes for $13,500. Her bank is willing to finance the purchase at an interest rate of 7.5 percent per year for a maximum of 5 years. What are her monthly payments if she makes a down payment of $1,500 and finance the remainder for 5 years? (answer in whole number)
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Sarah is shopping for a car, and she has $2,000 to make a down payment. She finds a car that she likes for $13,500. Her bank is willing to finance the purchase at an interest rate of 7.5 percent per year for a maximum of 5 years. What are her monthly payments if she makes a down payment of $1,500 and finance the remainder for 5 years? (answer in whole number)
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