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Artie buys a new car for ​$13,000. He makes a down payment of ​$3,000 and the dealer gives him an​ add-on loan, charging him an annual interest rate of 8.3​%. If he takes out a 5​-year ​loan, what will Artie​’s monthly payments​ be?

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Artie

buys a new car for ​$13,000. He makes a down payment of ​$3,000 and the dealer gives him an​ add-on loan, charging him an annual interest rate of 8.3​%. If he takes out a 5​-year ​loan, what will Artie​’s monthly payments​ be?

 
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