You buy a new car and finance $20,000 at 6% interest. Assuming you want a 5 year loan, your monthly payment should be: 1. 301 2. 386 3. 445 4. 501 5. 722

You buy a new car and finance $20,000 at 6% interest. Assuming you want a 5 year loan, your monthly payment should be:

1. 301   2. 386   3. 445   4. 501   5. 722

Answer
386