Find the monthly payment for a 30-month $12,350 car loan with 4.5% interest. Round your answer to the nearest cent and include units. Make sure you show the formula you used and the values you filled in.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.9: Modeling With Equations
Problem 2E: In the formula I=prt for simple interest, P stands for __________, r for _________, and t...
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) Find the monthly payment for a 30-month $12,350 car loan with 4.5% interest. Round your answer to the nearest cent and include units. Make sure you show the formula you used and the values you filled in.

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