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dennittap
11.07.2021 •
Mathematics
How much will the payment be on a 2021 Jeep car costing $29,000 at 3.25 APR Interest on a 72 month loan with no down payment?
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Ответ:
9514 1404 393
$443.87
Step-by-step explanation:
The amortization formula tells you the payment.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where P is the loan amount at annual rate r for t years.
A = $29,000(0.0325/12)/(1 -(1 +0.0325/12)^(-72)) = $443.87
The monthly payment will be $443.87.
Ответ:
she is correct because if you do all of the math correctly than you will get x=-2
Step-by-step explanation: