Multiple Choice
You are buying a previously owned car today at a price of $6,890. You are paying $500 down in cash and financing the balance for 36 months at 7.9%. What is the amount of each loan payment?
A) $198.64
B) $199.94
C) $202.02
D) $214.78
E) $215.09
Correct Answer:
Verified
Correct Answer:
Verified
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