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Mathematics 21 Online
annaburnett:

What is the monthly payment for a loan if the amount to finance is $12,385, the APR is 6.9 percent for 5 years and the monthly payment per $100 is $2.44?

whypyt:

245.22 is the correct answer

ihy:

Monthly payment = 123.85 × 2.44= 302.90 The monthly payment for the loan is approximately $302.90.

GRIZZLEY19:

The monthly payment is $302.78.

toga:

@grizzley19 wrote:
The monthly payment is $302.78.
umm is this right? @magaback

MAGABACK:

@toga wrote:
@grizzley19 wrote:
The monthly payment is $302.78.
umm is this right? @magaback
It sounds right to me.

ykbatman:

302.78

ykbatman:

is the correct answer

grimreaper124:

lol

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