Math Problem Statement
You want to buy a $21,000 car. The company is offering a 3% interest rate for 36 months (3 years). What will your monthly payments be? round to the nearest cent.
Solution
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Math Problem Analysis
Mathematical Concepts
Finance
Interest Rates
Installment Loans
Formulas
Monthly payment formula for installment loans
Theorems

Suitable Grade Level
Adult Learners
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