You want to buy a car, and a local bank will lend you $20,000. the loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 9% with interest paid monthly. what will

You want to buy a car, and a local bank will lend you $20,000. the loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 9% with interest paid monthly. what will be the monthly loan payment? do not round intermediate steps. round your answer to the nearest cent

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now