Adriana is taking out a loan to buy a car. The APR is 6.5% for a three year loan. The car salesman offered a cash-back incentive

Question

Adriana is taking out a loan to buy a car. The APR is 6.5% for a three year loan. The car
salesman offered a cash-back incentive of $5500 off an original price of $33,000. What is the
monthly amount that Anthony will have to pay?
$764.65
$1011.42
$842.85
$917.59

Kunduz · Accepted Answer

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