document.write( "Question 1122551: You want to buy a car. The loan amount will be $29,000. The company is offering a 5% interest rate for 48 months (4 years). What will your monthly payments be? \n" ); document.write( "
Algebra.Com's Answer #738675 by Alex.33(110)![]() ![]() You can put this solution on YOUR website! In 48 months, you'll additionally pay $29000*5%=$1450 to the original price. \n" ); document.write( "So the monthly payment is (29000+1450)/48=634.375 dollars. \n" ); document.write( " |