Question: You must get the entire correct score the 10 points for each question. You must show the calculations for numerical answers. Simply writing an answer into the answer box is not acceptable.
You are shopping for a used car, but you don't have a lot of The used car dealership has offered to lend you $8,000 to buy a used car at an interest rate of 4% per year which is 0.333% per month. You will need to make monthly payments of $180.63 to pay off this loan. For how many months will you be paying off this car loan?