Mathematics, 07.05.2020 01:15 zoebtharpe
Financial institutions often offer lower auto loan rates for new cars than used ones. A local credit union advertises new car loans at 2.79% APR and used car loans at 3.29% both for up to 72 months.
Tyresa wants to buy a car but doesn’t want to spend more than $350 a month for a maximum of four years. What is the maximum loan amount she can take out for a new car and a used car using the advertised rates?
Use the formula,
A=P[(1+r)^n-1]/r(1+r)^n
where P is the monthly payment, r is the monthly rate, and n is the number of months. Show all of your steps.
Answers: 2
Mathematics, 22.06.2019 00:30
3c2 + 2d)(–5c2 + d) select all of the partial products for the multiplication problem above.
Answers: 2
Mathematics, 22.06.2019 01:30
Travis and paula went to lunch.travis ordered a sandwich for $7.50 and paula ordered a burger for $5.25.after lunch,they left a 15% tip for the waiter.how many money did they spend altogether?
Answers: 3
Financial institutions often offer lower auto loan rates for new cars than used ones. A local credit...
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