Question 14 | GED Math Practice Test 2




Question 14 of 15

 

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Carly gets a loan from bank for a new car. She borrows $5,000 and get a simply yearly interest for 8%. She pays it off in 3 years with 36 payments. What is her monthly payment?

A. $172.22
B. $206.20
C. $138.89
D. $105.56