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Before purchasing a used car, Jim Myers checked


Before purchasing a used car, Jim Myers checked www.kbb.com to learn what he should offer for the used car he wanted to buy. Then he conducted a carfax.com search on the car he found to see if the car had ever been in an accident. The Carfax was clean so he purchased the used car for $15,300. She put $1,900 down and financed the rest with a 48-month, 8% loan. 


What is her monthly car payment by formula? (Round your answer to the nearest cent.) 


Monthly payment = _______ 

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Sin y men Cor price he purchased for $15,300 Down Payment = $1,900 - Left Amount financed = $13,400 =P rate of interest = 8%

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