I belive your answer is 320
Happy to assist you!
Answer:
Cash price
Step-by-step explanation:
The computation is shown below:
The Interest rate per month (r) = (9% ÷ 12) = 0.75%
Now Present value of the monthly payment is
= PMT × {[(1 + rate of interest)^number of years - 1] ÷ rate of interest}
= 1,499 × {[(1 + 0.75%)^12 - 1] ÷ 0.75%}
= 18,748.89
And the cash price is 15,999
So, the cash price would be lower
What ???? How are we supposed to understand tht
9
Step-by-step explanation:
15x+12=19x-24
15x-19x=-24-12
-4x=-36/÷(-4)
x=9
You first put all the x on one side and numbers on the other and be careful about + and - and then you divide by everything with the x so you have only the x left and you get the aswer.
