Mathematics, 12.12.2019 08:31 mshields1994
Ineed !
janelle wishes to finance a car for $33,000. the bank's annual interest rate is 3.5%, and she can choose between durations of five or six years. calculate the monthly payment and total amount paid for both duration options.
use the formula,
p = ar (1+r)^n/(1+r)^n-1
where a is the amount to finance, r is the monthly interest rate, and n is the number of months to pay. show all of your steps.
danny and sara interpret this insurance quote for their 2015 sports car and 2018 minivan.
determine the totals for items a, b, c, d, and e. show your work or explain how you got your answer.
(image is for the second question.)
Answers: 3
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Ineed !
janelle wishes to finance a car for $33,000. the bank's annual interest rate is...
janelle wishes to finance a car for $33,000. the bank's annual interest rate is...
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