Oli and Katrina are buying a new SUV. The sticker price is $47,500. They talked to their bank (loan A) and were offered a 6 year loan at 4.5% annual interest, resulting in monthly payments of $754.02. The dealership (loan B) claims the couple will pay less interest with them because the loan is shorter, 5 years, and the interest rate is barely higher at 6%, resulting in a monthly payment of $918.31.

Following are the answer to this question:

Step-by-step explanation:

In the given equation some information is missing, that is Loans "A and B".

Formula:

calculating total amount of Loan A:

calculating total amount of Loan B:

Calculate loan A:

Calculate loan B:

The Additional  value of the Int in loan B:

341

step-by-step explanation:

all you have to do is 9x31 (which equals 279) and then 20x31 (which equals 620). then you have to subtract. 620-279=341.

rotation point l

step-by-step explanation: