Trevor is making payments on a car that cost $26,555 he makes 36 equal payments if he runs to equal payments up to the nearest whole dollar about how much will he overpay after 36 months

The over payment amount after 36 months is $ 0.37

Step-by-step explanation:

Given as :

The cost of the Car = $ 26,555

The number of times payment done for 36 month = 36

So, The the cost of car for 36 equal payment =

i.e The the cost of car for 36 equal payment =

∴ The the cost of car for 36 equal payment = $ 737.6389

Now rounding this value to nearest whole dollar = $ 738

Note - A) If after decimal , number are above 4 then round it to 1 above digit

B) If after decimal , number 4 or less then simply remove all number   after       decimal

So, The over payment after 36 months = $ 738 - $ 737.63 = $ 0.37

Hence The over payment amount after 36 months is $ 0.37   Answer

the answer is 1/4

step-by-step explanation: