21 of 22 Use the Monthly Payment on a Loan table to answer the following question. Kaden buys a car worth $45,300, makes
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21 of 22 Use the Monthly Payment on a Loan table to answer the following question. Kaden buys a car worth $45,300, makes
question. Kaden buys a car worth $45,300, makes a down payment of $4,500, and requires a loan for the balance of the car purchase. The dealership offers financing at 4. 75% compounded monthly, for a term of 4 years, payable monthly. What is Kaden's monthly payment? O $1,038 28 O $935.14 O $1,218.29 O $920.17
21 of 22 Use the Monthly Payment on a Loan table to answer the following