Calculate the monthly payment for a $10,000 auto loan over three years at 5% annual interest.
Use the formula,
P=Ar (1+r) ^n (1+r) ^n-1
where A is the amount to finance, r is the monthly interest rate, and n is the number of months to pay.
A.
$241.73
B.
$299.71
C.
$353.48
D.
$397.42
What is the term for the amount of money that the insured pays the insurance company each month?
A.
finder's fee
B.
premium
C.
rent
D.
taxes
What is true in general about higher deductible amounts?
A.
Higher deductible amounts are taxable.
B.
Higher deductible amounts result in less money.
C.
The insurance is more greatly needed.
D.
The premiums are lower.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Calculate the monthly payment for a $10,000 auto loan over three years at 5% annual interest. Use the formula, P=Ar (1+r) ^n (1+r) ^n-1 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In the figure, the measure of angle 7 is 57°. What is the measure of angle 8?
Answers (1)
How do you find the product or quotient of powers with the same base?
Answers (1)
Zelma buys p pounds of bananas for 40cents per pound. she pays the clerk with a twenty - dollar bill. the clerk subtracts the total cost of the bananas o the twenty-dollar bill to determine the amount of charge to give zelma.
Answers (1)
What is 8244 estimated
Answers (1)
A ABC is similar to APQR. Also, angle A measures 35° and angle B measures 50°. What is the measure of angle R? Enter your answer in the box. HURRY
Answers (2)
New Questions in Mathematics
Use the function rule to complete the table -10x+y=4 the chart is below i coppied it X = - 2, - 1, 0, 1, 2 y=is blank so you have to complet the bottom part witch is y.
Answers (1)
A sports reportor said that 2 out of every 3 people at a home town base ball game named baseball vs their favorite sport the reporter claimed that baseball was the mostpopular sport in town which of th following explains why the reporters might not
Answers (1)
If an object fell to the ground from the top of a 1,600-foot-tall building at an average speed of 160 feet per second, how long did it take to fall? 10 seconds 16 seconds 100 seconds 160 seconds
Answers (1)
Write the slope-intercept form of the equation of each line.
Answers (1)
Find an exact value. sine of eleven pi divided by twelve.
Answers (1)