document.write( "Question 1131816: Alice borrows $12,000 to buy a car. She pays 6.2% interest compounded monthly and the loan is for 3 years. Find the monthly payments. (Round your answer to two decimal places.)
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Algebra.Com's Answer #748490 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
\"+A+=+P%2A%28+1+%2B+r%2Fn+%29%5E%28n%2At%29+\"
\n" ); document.write( "\"+A+=+12000%2A%28+1+%2B+.062%2F12+%29%5E%28+12%2A3+%29+\"
\n" ); document.write( "\"+A+=+12000%2A%28+1+%2B+.0051667+%29%5E36+\"
\n" ); document.write( "\"+A+=+12000%2A1.20385+\"
\n" ); document.write( "\"+A+=+14446.15+\"
\n" ); document.write( "\"+14446.15%2F12+=+1203.85+\"
\n" ); document.write( "$1.203.85/month
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\n" ); document.write( "check:
\n" ); document.write( "\"+14446.15+=+12000%2A1.0051667%5E36+\"
\n" ); document.write( "\"+1.20385+=+1.20385+\"
\n" ); document.write( "OK
\n" ); document.write( "check the math
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