To find the monthly payment for the used car, we need to clarify the calculations a bit, as the steps provided seem somewhat out of order and don't directly lead to a clear solution.
Let's assume you bought the car for $3,200, and you want to make equal payments over a 24-month period without any additional interest or fees.
To calculate the monthly payment:
- Total Cost of the Car: $3,200
- Number of Months: 24
The formula to find the monthly payment is:
\[ \text{Monthly Payment} = \frac{\text{Total Cost}}{\text{Number of Months}} \]
Plugging in the numbers:
\[ \text{Monthly Payment} = \frac{3200}{24} \approx 133.33 \]
Thus, the monthly payment is approximately $133.33.
To fill in the blank from your statement with the correct montly payment:
133 R 33
If you have any further calculations or adjustments needed related to the payments or any interest calculations, please provide those details!
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