luizamatias08 luizamatias08

28-12-2022
Mathematics

contestada

Monthly loan payment

Price of car = $15,057
Down payment = $2,000
Loan amount = $13,057 ($15,057 - $2,000)
APR = 6.9%
Payment period = 5 years

How can I find the monthly loan payment? Please show all steps

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