Ask Question
15 January, 12:39

Tom's total payment for his loan was $14,256 he paid it off at making 48 monthly payments what was his monthly payment

+2
Answers (1)
  1. 15 January, 14:11
    0
    The monthly payments = $ 297

    Step-by-step explanation:

    It is given that, Tom's total payment for his loan was $14,256 he paid it off at making 48 monthly payments

    To find the monthly payments

    we have,

    Total payment = $14256

    Number of monthly payments = 48

    Monthly payments = 14256/48 = 297

    Therefore Tom's monthly payments of his loan = $ 297
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Tom's total payment for his loan was $14,256 he paid it off at making 48 monthly payments what was his monthly payment ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers