subject
Mathematics, 09.03.2020 16:58 alvis4485

23.Janelle wishes to finance a car for $33.000. The bank's annual interest rate is 3.5%, and she can
choose between durations of five or six years. Calculate the monthly payment and total amount paid for
both duration options
22.which statement best compares savings accounts and money market accounts?

Use the formula. P
- where A is the amount to finance, ris the annual interest
rate, nis the number of times interest is applied per year and t is the number of years Show all of your
steps
- Math symbols
First of all the given formula cannot be used. It
is missing parentheses around the dominator
terms. we can add them and We can simplify
the formula so an expontial term only need to
be calculated one time, the right formula is
P = (Ar/ (1 - 0) 1 + r) ) (-n)
Naturally, the payment amount will be rounded
to the nearest ten. Since you have one more

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Mexico city, mexico, is the world's second largest metropolis and is also one of its fastest-growing cities with a projected growth rate of 3.2% per year. its population in 1991 was 20,899,000 people. use the formula p = 20.899e0.032t to predict its population p in millions with t equal to the number of years after 1991. what is the predicted population to the nearest thousand of mexico city for the year 2010?
Answers: 2
question
Mathematics, 21.06.2019 17:00
What is the area of the trapezoid shown ?
Answers: 1
question
Mathematics, 21.06.2019 19:00
Aflower has 26 chromosomes. to create a new flower,how many would a sperm cell have what is called?
Answers: 1
question
Mathematics, 21.06.2019 20:30
There are 45 questions on your math exam. you answered 810 of them correctly. how many questions did you answer correctly?
Answers: 3
You know the right answer?
23.Janelle wishes to finance a car for $33.000. The bank's annual interest rate is 3.5%, and she can...
Questions
question
Chemistry, 30.08.2019 13:30
question
Social Studies, 30.08.2019 13:30
question
History, 30.08.2019 13:30
question
Mathematics, 30.08.2019 13:30
Questions on the website: 13722363