An installment contract for the purchase of a car requires payments of $331.94 at the end of each month for 2 years. Int
Posted: Mon Jul 11, 2022 12:50 pm
An installment contract for the purchase of a car requires payments of $331.94 at the end of each month for 2 years. Interest is 6% per annum compounded monthly.
(a) What is the amount financed?
(b) How much is the interest cost?
I need the answer ASAP please
Content Ob 28888515 X f → C mylab.pearson.com/Student/PlayerTest.aspx?testid=2430627088centerwin-yes MATHEMATICAL ANALYSIS FOR MARKETING CRN-83286-202103 Test: MATH 1131 - Make-up Test #1 - Based on Ch. 11, 12.1-12.5 and 13.1-13.2 (Worth 25% of Your Total Marks) Texidium 06 28888516 Question 5 of 9 Robbins 2ce a .pptx (a) The amount financed is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.). (b) The interest is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.). > An installment contract for the purchase of a car requires payments of $331.94 at the end of each month for 2 years. Interest is 6% per annum compounded monthly (a) What is the amount financed? (b) How much is the interest cost? Assignments This This
(a) What is the amount financed?
(b) How much is the interest cost?
I need the answer ASAP please
- An Installment Contract For The Purchase Of A Car Requires Payments Of 331 94 At The End Of Each Month For 2 Years Int 1 (48.97 KiB) Viewed 29 times