Problem help?

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Please help solve this problem.
I bought a new car, financed at a rate of 6.25% for 48 months, with a 15,500 loan. Calculate the monthly payment on the loan.

2007-02-15 01:59:23 · 2 answers · asked by Ashlee 2 in Business & Finance ➔ Other - Business & Finance

2 answers

$365.80

2007-02-20 03:45:37 · answer #1 · answered by jdkilp 7 · 1⤊ 0⤋

with taxes included it be around $370 monthly.

2007-02-22 09:46:33 · answer #2 · answered by Baby Doll 3 · 0⤊ 0⤋