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23 November, 19:03

Use the formula to solve for c. Choose the right answer.

Amount Financed (m) = $600

Number of Payments per year (y) = 12

Number of Payments (n) = 24

APR (I) = 18%

A) 112.33

B) 112.12

C) 112.50

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Answers (2)
  1. 23 November, 20:36
    0
    = 112.5 the closer answers is c
  2. 23 November, 21:02
    0
    (0.18*600*25) : (2*12)

    =112.5
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