document.write( "Question 1181740: You want to buy a $27,000 car. The company is offering a 2% interest rate for 48 months (4 years). What will your monthly payments be? \n" ); document.write( "

Algebra.Com's Answer #811643 by ikleyn(52776) $\"\"$ $\"About$

You can put this solution on YOUR website!
.
\n" ); document.write( "

\r\n" );
document.write( "\r\n" );
document.write( "It is the real amount to pay,  27000*(1+0.02*2) = 28080  dollars, divided by 48 months evenly\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "     = 585  dollars.    ANSWER\r\n" );
document.write( "

\r
\n" ); document.write( "\n" ); document.write( "Solved.\r
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

\n" );