The correct answer will be 5z^3
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: D is the correct answer.
Answer:
hey hope you get the answer right
Step-by-step explanation:
Answer:
reference attached
Step-by-step explanation:
<h2><em><u>hope </u></em><em><u>it</u></em><em><u> helps</u></em><em><u> you</u></em><em><u><</u></em><em><u>3</u></em></h2>