You want to buy a new car, and want to pay for the car over time. The car costs $29,885, and you want to pay for the ca
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You want to buy a new car, and want to pay for the car over time. The car costs $29,885, and you want to pay for the ca
You want to buy a new car, and want to pay for the car overtime. The car costs $29,885, and you want to pay for the carover 6 years. The dealership is offering a promotionalinterest rate of 3.53%. If you have to borrow the full amountof $29,885, how much would your monthlypayment be? (Please enter your answer to thenearest penny.)