You will need the Total Loan Cost Formula which is
(I'm having trouble attaching the graphic - I think the problem is with Brainly).
If nothing else, go to this web page.
It has a calculator and the formula.
http://www.1728.org/loanfrm4.htm
I get an answer of $6,238.70
Answer:
Step-by-step explanation: slope is (9-(-3))/(25-5)
12/20=0.6
point slope formula y-y1=m(x-x1), m slope (x1, y1) point
y-9=0.6(x-25)
y=0.6x-15+9
y=0.6x-6, x months and y profit.
for 60 months, y=0.6*60-6 or 36-6=$30000 profit
Hey there
6 is a multiple of 3
3 x 2 = 6
3,6,9,12,15,18,21,24,27,30
6,12,18,24,30,
All the multiples of 3 are in 6
Hope this helps you
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