Mathematics, 06.12.2020 23:40 kaylag8242p2qj2e
PLEASE ANSWER THIS QUESTION!
Adrina wants to have a 15% down payment for a Toyota CHR, valued at $22,000, in 2 years. What expression should be used to find the regular monthly deposit Adriana should make to her savings account that pays 3.5%annual interest rate compounded monthly, to have enough money for the down payment?
A) 3300 [ 0.035/12 / (1 + 0.035/12)^12x2 - 1 ]
B) 22000 [ 0.035/12 / (1 + 0.035/12)^12x2 - 1 ]
C) 3300 ( 1 + 0.035/12 )^12x2
D) 22000 [ (1 + 0.035/12) ^12x2 - 1 / 0.035/12 ]
E) 22000 ( 1 + 0.035/12)^12x2
F) 3300 [ (1 + 0.035/12)^12x2 - 1 / 0.035/12 ]
Answers: 1
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PLEASE ANSWER THIS QUESTION!
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