SOLUTION: You have a car loan and want to know how long it will take to pay it off if you do not pay any additional amount each month. You originally had a​ six-year loan. How long

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You have a car loan and want to know how long it will take to pay it off if you do not pay any additional amount each month. You originally had a​ six-year loan. How long      Log On

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Question 1067581: You have a car loan and want to know how long it will take to pay it off if you do not pay any additional amount each month. You originally had a​ six-year loan.
How long would it take you to pay off the remaining​ $12,825 if you paid​ $225 monthly?

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
12825/225=57 mo
57/12=4.75 yrs