Fritz Benjamin buys a car costing $12200. He agrees to make payments at the
end of each monthly period for 5 years. He pays 10.8% interest, compounded
monthly. What is the amount of each payment? Find the total amount of interest
Fritz will pay.

b

step-by-step explanation:

the word superfluous means unnecessary

about 0.75 hours

step-by-step explanation:

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!

σк тнє αиѕωєя ιѕ (α.)

нσρє ι ¢συℓ∂ нєℓρ υ