SOLUTION: Find the monthly payment. Amount financed:$15,600 Installment charge:$4,368 Number of payments:48 Monthly Payment:?

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Question 1174064: Find the monthly payment.
Amount financed:$15,600
Installment charge:$4,368
Number of payments:48
Monthly Payment:?
Answer by ikleyn(52876) About Me  (Show Source):
You can put this solution on YOUR website!
.

    Monthly Payment = %2815600+-+4368%29%2F48 = 234  dollars.      ANSWER

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