Harley took out a 1-year loan for $2800 at an electronics store to be paid back

with monthly payments at a 16.8% APR, compounded monthly. If the loan

yments for the first 3 months, how much will Harley owe when he

begins making payments?

A. $3308.37

B. $3173.22

C. $2800.00

D. $2919.25

Step-by-step explanation:

For a Principal P loaned at an annual rate, r% for a period of n years compounded k times a year,

Mr Harley's Loan, P=$2800

The Annual Interest Rate,r =16.8%=0.168

Since the interest is compounded monthly, the period, k=12

Monthly Interest Rate=0.168/12

However, since we are required to calculate how much Mr Harley will owe after three months, our time, nk=3 Months.

Therefore:

9.55 degrees.

step-by-step explanation:

the given angle is

1 cycle is equal to 2π radians. so 4π will be equal to two cycles.

5.166667π-4π = 1.166667π

hence, this angle goes a little more than negative x axis.

1.166667π-π= 0.166667π

hence, the reference angle is 0.166667π radians.

1 radian = 57.2958 degrees

now, in degrees, this should be equals to 9.55 degrees.