Question

PLS HELP
Darren is purchasing a car that costs $11,000. He is taking out a simple interest loan at an annual rate of 3%. If he makes monthly payments over a period of 5 years, how much is his monthly payment?

$183.33
$191.67
$198.05
$210.83

Answer 1

well......I'm no expert on this.....but......it would be.....3/11,000 then divide that by 5 maybe?

Answer 2

lemme see

Answer 3

ohhh..uhmm..

Answer 4

you would some wear multiply and divide......I think

Answer 5

but that would be 700 something

Answer 6

#1 I think

Answer 7

the answer choices are listed

Answer 8

ik

Answer 9

#1 is $183.33

Answer 10

das fire

Answer 11

?

Answer 12

can you tell me how you got the answer pls

Answer 13

well, 11,000/3/5/5. Not even sure I did it correctly.....itz confusing

Answer 14

but I think itz the answer

Answer 15

it was incorrect

Answer 16

shoot. I'm not great at this........

Answer 17

3% of 11000 is 330. 330/5=66. hmmm I must be doing it wrong

Answer 18

yea