Big Sean is buying a new truck from Willie’s Auto Sales, the dealer is providing the...

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Big Sean is buying a new truck from Willie’s Auto Sales, the dealer is providing the...

Big Sean is buying a new truck from Willie’s Auto Sales, the dealer is providing the financing and he uses the discount method. If borrows $40,000 at 9% for 48 months, how much is his monthly payment?

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Answer 1

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Amwal calulation of Mouthly Payment ! let P Formula 5 Present value of annuity lut 1-( 10.09) -48 + ५०००० PX 0.09 12 $ 40000

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