Suppose that you decide to purchase a new car. You go to a credit union to ge preapproved for your loan. The credit union offers you an annual interest rate of 3.25% for 3 years. The purchase price of the car you select is $28,450, including taxes, and you make a 20% down payment. What is your monthly payment?

$664/month

Step-by-step explanation:

Annual interest rate = 3.25% = 0.0325

Monthly interest rate = 0.0027083

Period = 3years = 36 months

Price of car = $28,450

Down payment = 20%

Down payment = 0.2 × $28,450

Down payment = $5,690

Loan amount = $(28,450 - 5690) = $22,760

Using the car loan calculator :

The monthly payment on the car is $664

OR

Monthly payment = (monthly interest rate × loan amount) ÷ 1 - (1 + monthly interest rate)^-period

0.0027083 * $22760 / 1 - ( 1.0027083 ) ^-36

= $61.6417 / 0.09277

= $664.46

to plot points   for x just start at the origin (middle) and go to the left however many times it say(if the number is a positive) if the number is a negative then go right however many times it says if it is 0 go nowhere

now keep you pencil there and go up however many times it says on y(if it is positive) if it is negative then go down however many times it says. if it says 0 go nowhere.

you have just plotted a point! now when you finish plotting all of them connect them with a ruler

plot each point as (-3, 7), (0,4), (3,1), (8,-4)   in the parenthesis on the left of the comma is x and the right is y.

2160ft3

step-by-step explanation: