Determine the monthly car payment for a new car costing $18,228,if there is a down payment of $6,000 and the car is financed over a 6-year period at an annual rate of 9% compounded monthly.
A)$328.57
B)$220.42
C)$231.50
D)$198.37

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The Answer of Determine the monthly car payment for a new car costing $18,228,if there is a down payment of $6,000 and the car is financed over a 6-year period at an annual rate of 9% compounded monthly.
A)$328.57
B)$220.42
C)$231.50
D)$198.37

Determine the Monthly Car Payment for a New Car Costing