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jarptica [38.1K]
3 years ago
13

Amount Financed (m) = $2,500 Number of Payments per year (y) = 12 Number of Payments (n) = 36 Total Interest (c) = $158.15

Mathematics
2 answers:
iVinArrow [24]3 years ago
6 0

4.1% is the answer hope i helped

olga55 [171]3 years ago
5 0
The number of payments per year is 12
The number of payments is 36 which means that the term lasted for 3 years.
The total interest is $158.15 and the amount financed is $2500.
The interest rate is
158.15/2500 = 6.33%
In nominal month, that is
(1 + r/12)^12 - 1 = 0.0633
Solve for r
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Black_prince [1.1K]
<h3>Answer:</h3>
  • f(1) = 2
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<h3>Explanation:</h3>

Synthetic division is quick and not difficult to learn. The number in the upper left box is the value of x you're evaluating the function for (1). The remaining numbers across the top are the coefficients of the polynomial in decreasing order by power (the way they are written in standard form). The number at lower left is the same as the number immediately above it—the leading coefficient of the polynomial.

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