ECONOMICS CLASS Use the following formula to answer questions 1 and 2. Answer the question after you fill out each chart. Be sure to write in complete sentences. Each question is worth 10 points.

P= cr(1+r)^n/ (1+r)^n-1

C= loan amount, n= number of months, r= monthly interest rate, p= payment

Elsa is considering buying a new Nissan Leaf. She will have to borrow $44,955. How much will the monthly payment be and will the total cost be under $60,000.

He should raise his hand, wait to be called on, and inform the moderator that the group is no longer on topic.

Explanation:

For number one: The group ran off topic, he shouldn't wait until the next meeting to get back on topic. He's getting himself in trouble by tuning into the off topic conversation.

For number two: He's basically doing the same thing as number one. He had an idea for the topic not a side conversation.  

For number four: It's rude. It could work but it would most likely cause trouble.

Hope this helps.