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nasty-shy [4]
2 years ago
7

Peter decided to buy a new car. He made a $2,160 down payment and then took a 48-month loan. The total amount for the car, plus

interest on the loan, was $16,560. How much did Peter have to pay each month?
Mathematics
2 answers:
slava [35]2 years ago
3 0
16560-2160=14400, 14400=48x, x=$300
Rasek [7]2 years ago
3 0
Peter would pay $300.00 per month.

First, figure out how much he has to pay after the down payment:
2,160 - 16,560 = 14,400

Then, divide 14,400 by 48 to get how much money he had to pay per month:
14,400 ÷ 48 = 300

Hope this helps!!
~Kiwi
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