gabbycooper224 gabbycooper224

24-02-2021
Mathematics

contestada

Calculate the monthly payment for a $14,790 auto loan over four years at 6.9% annual interest.
Use the formula,
P=A(rn)(1+rn)nt(1+rn)nt1
where A is the amount to finance, r is the annual interest rate, n is the number of times interest is compounded in one year, and t is the number of years.

Respuesta :

madethisfortwitch1 madethisfortwitch1

24-02-2021

Answer:

352.05

Step-by-step explanation:

I don't know how to interpret the equation you wrote and so I just used annuities

I have attached my work below

Ver imagen madethisfortwitch1

Answer Link

lovepuppies814 lovepuppies814

13-05-2021

Answer:

The answer is C. 353.48

just took the quick check

Step-by-step explanation:

Answer Link

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