Jeff wants to buy a new Ford Fusion for $24,200, with shipping costs of $800 and interest cost of $1,000. If Jeff pays in 72 equal payments, what will Jeff's monthly payment be?

Name: Jeff wants to buy a new Ford Fusion for $24,200, with shipping costs of $800 and interest cost of $1,000. If Jeff pays in 72 equal payments, what will Jeff's monthly payment be?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The total cost of the car is $24,200 + $800 + $1,000 = $26,000. The monthly payment is $26,000 / 72 = $361.11.

Jeff Wants to Buy a New Ford Fusion for $24,200