tim borrowed $8,000 to buy a car and plans to have it paid off in 6 years. his interest rate is an apr of…

tim borrowed $8,000 to buy a car and plans to have it paid off in 6 years. his interest rate is an apr of 4.5%. again, we will talk about how you can calculate the monthly payment in chapter 4. for now, assume you already know he will have to repay $126.99 per month. enter 126.99 below. record this number as car payment. 126.99 integer, decimal, or e - notation allowed question 13 0.5 points since tim has a car, he has to have car insurance. tims car insurance policy costs $900 per year, but he pays his insurance bill monthly. what is his monthly car insurance payment? record this number as car insurance 75 integer, decimal, or e - notation allowed

Answer