What is monthly payment for a $20,000 amortized loan to purchase a car payable over 3 years at an annual interest rate of 6%?
A)$387
B)$556
C)$578
D)$608
E)$588

Name: What is monthly payment for a $20,000 amortized loan to purchase a car payable over 3 years at an annual interest rate of 6%? A)$387 B)$556 C)$578 D)$608 E)$588
Brand: Quizplus
Rating: 5.0 (37 reviews)

Question

Quizplus · Accepted Answer

The Answer of What is monthly payment for a $20,000 amortized loan to purchase a car payable over 3 years at an annual interest rate of 6%?
A)$387
B)$556
C)$578
D)$608
E)$588

What Is Monthly Payment for a $20,000 Amortized Loan to Purchase