•capital one is advertising a 60-month, 5.99% apr motorcycle loan. if you need to borrow $8000 to purchase your dream harley davidson, what will your monthly payment be?

The monthly payment  is $ 154.29

Step-by-step explanation:

Given : time period = 60 months

Annual interest rate = 5.99%

Amount to be borrowed = $8000

We have to calculate the monthly payment.

We know ,

We have,

interest rate = 5.99% = 0.0599

Amount = $8000

time period = 60 months

P is monthly payment.

Simplify, we get,

P = 154.29

Thus, the monthly payment  is $ 154.29

the answer is c

hope this !

may i see the picture? it would a lot, xox