What is the monthly payment of a financed amount of $14,452 with an apr of 8.9 percent? the term is for 5 years and the monthly payment per $100 is $2.41. $332.80 $348.29 $100.00 $241.00

$348.29

Step-by-step explanation:

The payment is calculated by multiplying the rate per hundred times the number of hundreds. The latter is found by dividing the loan amount by $100.

$2.41 × $14,452/$100 ≈ $348.29

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step-by-step explanation:

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