GGerardi7552
27.06.2020 •
Mathematics
I really need help Fast please
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Ответ:
approx 15%
Step-by-step explanation:
Allison puts $250 down and following that she makes 12 monthly payments of $124.49. The sum of her payments (total cost) is thus $250 + (124.49/month)(12 months) = $1743.88
The total interest she pays is $1743.88 - ($124.49/month)(12 months), or
$250
We use the simple interest formula: i = prt, where t is the number of years, and r is the interest rate as a decimal fraction:
$250 = $1599.99*r*1.
$250
Solving this for r by division, we get r = = 0.1463, or approx 15%
$1599.99
Ответ:
I dont know the answer I'm not good at math