10. In a loan the monthly payment, m, is calculated using the formula: P.
where P is the principal of the loan, n is the number of payments, and is the monthly interest rate,
expressed as a decimal
Curry wants to buy a new BMW for $50,000. She has an $11,000 down
payment and gets a 5-year car loan with a 4.5% yearly interest rate.
a) What will she pay per month?
b) If she can only afford to pay $500 per month what would her down
payment have to be?

Aretha wanted to gather data about the cost of local bowling leagues in her area. she plotted the data and determined that the average bowling league costs consist of a one-time registration fee and a monthly fee modeled by the equation y = 15x + 20. identify and interpret the y-intercept in this model. the y-intercept is 20. this is the cost per month. the y-intercept is 20. this is the cost of registration. the y-intercept is 15. this is the cost of registration. the y-intercept is 15. this is the cost per month.