document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=909721>Question 909721</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Emil Wauseka is buying a used car with a total purchase price including interest of $14, 987. he plans to make $3,000 down payment and to finance the rest for 5 years. about how much will his monthly payments be?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #552019 by </B><A HREF=/tutors/aboutme.mpl?userid=JulietG><B>JulietG(1812)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=JulietG><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=JulietG><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=552019\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Assuming no points and no additional interest...<br><BR>\n" );
document.write( "$14,987 - $3,000 = $11,987<BR>\n" );
document.write( "$11,987 / 60 months (5 years = 60 months) = <b>$199.78 per month</b><br><BR>\n" );
document.write( "Check:<BR>\n" );
document.write( "199.78*60 = 11,986.80 + 3000 = 14,986.80<BR>\n" );
document.write( "(note: his last payment will be .20 higher) </SPAN>\n" );
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