Amount Financed (m) = $1,860 Number of Payments per year (y) = 12 Number of Payments (n) = 36 Total Interest (c) = $350.00
1 answer:
Hi there
The formula to find I (ARP)
I=(2yc)/(m×(1+n)
I=(2×12×350)÷(1,860×(1+36))
I=0.1221×100
I=12.21%
Good luck!
You might be interested in
Answer:
H: Plots 1 & 2
Step-by-step explanation:
Answer:
sqrt(11)
Step-by-step explanation:
3^3+sqrt2^2=11
Where is the picture???????
Answer:
z8if8zvoficjgcitxjfxtcitczdfkzicdutfc
There is no way to answer this without more information available
