Ask a New Question

Question

John Buys a used car costing $6000. He agrees to make payments at the end of each monthly period for four years. He pays 12% interest compounded monthly. What is the amount of each payment? Find the total amount of interest John pays on the loan.
13 years ago

Answers

Related Questions

Catriona buys a car costing £3500. There is a reduction of one-fifth of the price. She pays three-ei... John buys a bag of flour.he uses 1/3 to bake a cake and 2/5 to bake a loaf what fraction of the bag... John buys a certain number of toy cars and three times as many toy lorries. He pays R30 for each car... John buys a car that costs $24,275 plus 13% tax. He makes a $3000 down payment. The balance will be... Mrs Reed buys a car costing £11760. This cost includes VAT at a rate of 20%. How much is the VAT? John buys 8 packs of cookies at the grocery store. The cookies ar eon sale for 50 cents off per pack... John buys 8 packs of cookies at the grocery store. The cookies are on sale for 50 cents off per pack... John has $200. He buys sun glasses for $45 and wants to spend the remainder of his money on candies....
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use