Kris borrows some money during her senior year a new car. The car dealership allows her to buy to defer payments for 12 months, and Kris makes 60 end-of-month payments thereafter. If the original note...


Kris borrows some money during her senior year<br>a new car. The car dealership allows her<br>to buy<br>to defer payments for 12 months, and Kris makes<br>60 end-of-month payments thereafter. If the original<br>note (loan) is for $25,000 and interest is 0.75% per<br>month on the unpaid balance, how much will Kris'<br>payment be? (4.9)<br>

Extracted text: Kris borrows some money during her senior year a new car. The car dealership allows her to buy to defer payments for 12 months, and Kris makes 60 end-of-month payments thereafter. If the original note (loan) is for $25,000 and interest is 0.75% per month on the unpaid balance, how much will Kris' payment be? (4.9)

Jun 05, 2022
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