ammount financed, number of payments, and apr= what monthly payment. 4440 is the payment 15% APR for 48 months
If you want the monthly payment, then you would use this formula:
PMT=PV. R.{[1 + R]^N/ [1 + R]^N - 1}
PMT=4,440 x 0.15/12{[1 + 0.15/12]^48 / [1 + 0.15/12]^48 - 1}
PMT=55.50 x 2.22645986....
PMT=$123.57 - The monthly payment.
