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Mathematics, 14.04.2021 21:20 jnsoccerboy3121
I only need a tiny part to put in a formula. It says it needs the number of times interest is compounded in one year. I don't know what to put for that. Here's the original question.
Financial Institutions often offer lower auto loan rates for new car loans at 2.79% APR and used car loans at 3.29% both for up to 72 months
Teresa wants to buy a new 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 can using advertized rates?
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I only need a tiny part to put in a formula. It says it needs the number of times interest is compou...
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