She owes 16000 which she has to pay in 48 equal installments
16000/48= 333.33
Alexandra A.
asked 08/13/20At the end of a 2-year investment, Jessica decided to purchase a new car for $18,000. It will be financed over a period of 48 months with 0% interest.
If she put $2,000 as down payment, how much does she need to pay each month?
She owes 16000 which she has to pay in 48 equal installments
16000/48= 333.33
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