Solved

When You Purchased a Car, You Borrowed $20,000 from the Bank

Question 100

Multiple Choice

When you purchased a car, you borrowed $20,000 from the bank at 9.20% and agreed to make monthly payments for 3 years. What is your monthly payment?


A) $153.33
B) $637.86
C) $584.12
D) $559.78

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions