You are needing to find out how much the installment payment might be on a car valued at $35,000. The interest rate on the 10 year installment is 4.75% per year. You will be required to make your installment payment at the end of each month. What is your monthly installment payment going to be?

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To calculate the monthly installment payment on a car valued at 35000 with a 10year insta... View the full answer