Using simple interest, it is found that:
- The total amount paid was of $7,084.8.
- The finance charge was of $584.8.
- The simple interest rate was of 3%.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of interest after t years in is modeled by:

In which:
- r is the interest rate, as a decimal.
In this problem, the amount paid was of 36 monthly payments of
$196.80, hence:
36 x 196.80 = $7084.8.
The total amount paid was of $7,084.8.
The original price is of $6,500, hence the finance charge was of:
7084.8 - 6500 = $584.8.
For interest, we have that:
, hence:




The simple interest rate was of 3%.
More can be learned about simple interest at brainly.com/question/25296782
Answer:
No, she has more than one independent variable.
Step-by-step explanation:
Answer:
see explanation
Step-by-step explanation:
Calculate the distance (d) using the distance formula
d = √ (x₂ - x₁ )² + (y₂ - y₁ )²
with (x₁, y₁ ) = (6, 5) and (x₂, y₂ ) = (- 3, 1)
d = 
= 
= 
=
≈ 9.85 ( to 2 dec. places )
11/18 =0.6111111. I don’t think the ! Has any meaning