Pete Sole bought a used car for $8,000. Pete put down $2,000 and financed the balance at10 $\frac {\text { 1 }} { \text { 2} }$ % for 60 months. What is his monthly payment? (Use the loan amortization table.)

Question

Pete Sole bought a used car for $8,000. Pete put down $2,000 and financed the balance at10

\frac {\text { 1 }} { \text { 2} }

% for 60 months. What is his monthly payment? (Use the loan amortization table.)

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The Answer of Pete Sole bought a used car for $8,000. Pete put down $2,000 and financed the balance at10$\frac {\text { 1 }} { \text { 2} }$% for 60 months. What is his monthly payment? (Use the loan amortization table.)

Pete Sole Bought a Used Car for $8,000 1 2\frac {\text { 1 }} { \text { 2} } 2 1 ​

Pete Sole Bought a Used Car for $8,000 $\frac {\text { 1 }} { \text { 2} }$