The Jepsens Are Buying a $22,800 Car and Financing It

question 44

Multiple Choice

The Jepsens are buying a $22,800 car and financing it over the next 6 years.They secure a 6.5% loan. What will be the total of the monthly payments? Round to the nearest cent.

• A)$23,455.90
• B)$27,595.18
• C)$9,198.39
• D)$82,785.54
• E)$13,797.59