Solve.
-Mr. and Mrs. Gutierrez borrow $\$ 7020$ to buy a new car. The loan is to be paid off in 27 equal monthly payments. How much is each payment?

Name: Solve. -Mr. and Mrs. Gutierrez borrow $\$ 7020$ to buy a new car. The loan is to be paid off in 27 equal monthly payments. How much is each payment?
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Question

Quizplus · Accepted Answer

To find the monthly payment, divide the total loan amount by the number of payments: $7020 / 27 = $260.

Solve -Mr $7020\$ 7020$7020 To Buy a New Car $6993\$ 6993$6993 B) $7047\$ 7047$7047

Solve
-Mr $\$ 7020$ To Buy a New Car $\$ 6993$ B) $\$ 7047$