Find the payment necessary to amortize the loan. Round to the nearest cent.Marge and Tom Martin bought a new car for $25,000. They agreed to pay 20% down and make monthly payments for 4 years at 10% (compounded monthly) to pay off the rest.
A. $645.34
B. $2020.83
C. $634.06
D. $507.25
Answer: D
Mathematics
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A. 27.560° B. 27.56° C. 30.66° D. 30.660°
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A.
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C. -
D.
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