Use the equation below and choose the correct answers for c, the total of the payments, and the monthly payment.

carl carpenter buys a drill press. the price, including tax, is $725.00. he finances the drill press over 24 months after making a $50 down payment. the true annual interest rate is 14%. what are carl's monthly payments (principal plus interest)?

$4034.40

the perimeter of the field is the sum of the lengths of the four sides:

47 yd + 158 yd + 47 yd + 158 yd = 410 yd

the cost of 3 ft (1 yd) of fence is 3×$3.28 = $9.84.

so the cost of jake's wood perimeter fance is

(410 yd) × ($9.84 /yd) = $4034.40

it is 10.6 according to my calculations

okay..i will pick 8!

one fourth of 9% = 2.25%

gavin is correct in saying : the equivalent quarterly interest rate would be

2.25%.