Can you add the picture so im able to see and help :)
Answer:
$478.06
Step-by-step explanation:
let's first start out by figuring out the present value of the loan
((20540*1.0825)+955+57)-3900
Which gives me a value of 23246.55
I'm then going to assume that the 8.6% is a nominal interest rate meaning that the effectively monthly rate is equal to .086/12=.0072
Which means we have
23246.55=X(a angle 60 at .0072) (i'm using annuities to solve this if you don't know what this is just ask)
Solve this and get $478.06
F= -1 2/3 or 5/3
In order to find the answer all you have to do is multiply both sides by -4/3.
-3/4f × -4/3 = f
-4/3 × 5/4 = -20/12
-20/12 simplified is -5/3 or -1 2/3
