What would a monthly payment be on a purchase of a $11,000 car at 6.9% for 3 years? a) $334.39 b) $339.15 c) $344.19 d) -$344.19

The correct option is B.

Step-by-step explanation:

The principal amount of loan is $11,000. Interest rate is 6.9%.

The formula of month installment is

             .... (1)

Where, P is principal amount, r is monthly interest, N is number of months.

Number of months in 3 years is

Monthly interest rate is

Using the month installment formula,

The monthly payment is $339.15. Therefore option B is correct.

the transverse axis of a hyperbola is the line that contains the two vertices and the two focuses.

in this example (hyperbola of equation x^2/2 - y^2/4 = 1), the transverse axis is the  x-axis  . 

step-by-step explanation: