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Ryan's total payment for his loan was $47,292. What was his monthly payment if hepaid it off after making 57 payments? Round answer to a whole number.

Sagot :

Answer:

$830

Explanation:

To know the monthly payments, we need to divide the total payment by the number of payments, so

$47,292 ÷ 57 = $829.68

This rounded to the nearest whole number is $830

So, the answer is $830.