Avehicle is purchased for $18,000, with a down payment of $6,098. the balance in financed for three years at an annual rate of 7%. find the monthly car payment.

$367.50

$834.12

$188.29

$555.79

The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.

18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50

Therefore, monthly payment = $367.50

First you would do 9x+25=23x-19 and simplify it to x=11. to find y, you would substitute x into one of the equations. for example, 9(11)+25 which would equal 124. subtract that number from 180 which would give you y and it would equal 56

so in conclusion
x=11
y=56

hope this helps and i’m sorry if it’s wrong