Adealer offers a $35,000 car with a downpayment of $3,000 and 65 easy monthly payments of $539.99. how much monthly interest rate is he charging?

0.285%

Step-by-step explanation:

Given,

The original value of the car = $ 35,000,

Amount of down payment = $ 3000,

So, the principal amount of the loan, P.V. = 35,000 - 3,000 = $ 32,000

Now, the amount of each monthly payment P= $ 539.99,

Number of monthly payments, n = 65,

Since, the monthly payment formula is,

Where, r is the monthly interest rate,

By graphing calculator,

Thus, he is being charged 0.285 % interest per month.

rectangle: 9 1/8 x 4 1/9 = 37 37/72in

parallelogram: b times h= 10.3 x 6.2 = 63.86

trapezoid: a+b/2 times h= 42.5

volume of prism: l times w times h= 36

600,000,000,000, or 6e14

step-by-step explanation: