maddihamidou
20.04.2021 •
Mathematics
PLEASE HELP THIS IS TIMED
find the value of X.
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Ответ:
DP = be the down payment amount
DP= 0.15 * $28,000
DP=$4200
The bank offers Hana a 48 months loan at 6.76%.
IA=Interest Amount
Solving for the monthly payment is shown below:
MP=Monthly Payment
MP= ((($28,000-$4200)*0.067 ) + ($28,000-$4200))/48 months
MP=(($23800*0.0676)+$23800) / 48 months
MP=$25408.88/48
MP=$529.352
Therefore, the monthly payment is $529.352.