Shawn purchased a new car with the special 4.9% financing. If the car's price was $29,999 and he financed it for three years, find his monthly payment.

Respuesta :

MsTeel

$898

The formula is A=P*(r(1+r)^n) / ((1+r)^n) -1)

A = the monthly payment.

P = the principal  (amount borrowed)

r = the interest rate

n = the total number of months

Answer: 897.75

Explanation: apex