Answer:
The monthly payment will be $ 324.52.
Step-by-step explanation:
To determine what is the monthly payment on $ 13,300 financed at 7.9 percent for 4 years if the monthly payment per $ 100 is $ 2.44, the following calculations must be performed:
100 = 2.44
13,300 = X
(13,300 x 2.44) / 100 = X
32.452 / 100 = X
324.52 = X
Therefore, the monthly payment will be $ 324.52.
