Level 1
CBEST Exam
10%
Q1
10 Qs
Q1
A car costs $25,000 plus $675 for tax, title, and license fees. Ari finances the car by putting down $2,500 in cash and taking out a 3-year loan at 4% annual simple interest. What will his monthly payments be?
Select Answer
$710.00
$669.50
$721.00
$640.00
$650.00
Check Answer