johncenaREALTHE johncenaREALTHE

10-09-2021
Mathematics

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Mary takes out a loan for $ 6 , 000 at a simple interest rate of 12 % to be paid back in 36 monthly installments. What is the amount of her monthly payments? Round your answer to the nearest cent if necessary.

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feemarie86 feemarie86

13-09-2021

Answer:

199.30

Step-by-step explanation:

https://www.calculatorsoup.com/calculators/financial/loan-calculator-simple.php?pv=6000&ratepercent=12&t=3&time_t=year&given_data_last=find_pmt&action=solve

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