Mathematics, 08.04.2021 08:30 contactjoankenny
Monty Ricker obtained a used car loan of $6,000.00 at 8% for 36 months. The monthly payment is $187.80. The balance of the loan after 12 payments is $4,159.90. The balance after the 34th payment is $380.60.
A) what is the interest for the first payment?
B) what is the interest for the 13th payment
C)explain why the interest is so much different for the two payments
D)what is the balance after the 35th payment
Answers: 1
Another question on Mathematics
Mathematics, 21.06.2019 20:30
William invested $5000 in an account that earns 3.8% interest, compounded annually. the formula for compound interest is a(t) = p(1 + i)t. how much did william have in the account after 6 years? (apex)
Answers: 2
Mathematics, 21.06.2019 20:30
Solve each quadratic equation by factoring and using the zero product property. 10x + 6 = -2x^2 -2
Answers: 2
Mathematics, 22.06.2019 01:20
Graph the following system of linear inequalities. identify at least two points in the solution: y < 5 - 2x | x + 5y > -7
Answers: 2
You know the right answer?
Monty Ricker obtained a used car loan of $6,000.00 at 8% for 36 months. The monthly payment is $187....
Questions
Mathematics, 20.09.2020 03:01
Mathematics, 20.09.2020 03:01
History, 20.09.2020 03:01
English, 20.09.2020 03:01
Mathematics, 20.09.2020 03:01
Mathematics, 20.09.2020 03:01
Mathematics, 20.09.2020 03:01
Mathematics, 20.09.2020 03:01
Biology, 20.09.2020 03:01
Spanish, 20.09.2020 03:01
Biology, 20.09.2020 03:01
Mathematics, 20.09.2020 03:01
Chemistry, 20.09.2020 03:01
