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Economics - Financial Markets
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OpenStudy (anonymous):
how to calculate a car monthly payment?
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OpenStudy (anonymous):
Take the total price you're paying, and divide it by the number of month you are taking to pay if off (usually 60 months or 5 years). If I were paying 30K, then divide that by 60, so I would be paying 500 a month.
OpenStudy (anonymous):
@sjatersumeet, that would only work if there is no interest rate on the car!!!!
OpenStudy (anonymous):
@maalvare08 let me know if you still want help with this.
OpenStudy (anonymous):
skatersumeet thank you!!! :) i appreciated, ddrayer i will :)
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