Answer: the answer IS G. MARK BRAILIEST PLS
Step-by-step explanation:
4 = (r-2) t
8 = (r+2) t
4 = (r-2) * [8/(r+2)]
4 = (8r-16)/ (r+2) . . .multiply by 2
4r + 8 = 8r - 16
4r = 24
r = 6
hope this helps
The amount of interest paid on the car loan for the first 12 months would be $ 453,075.
Given that Melanie wants to purchase a car that costs $ 43,150, and she has decided to make a 20% down payment, and her bank offers her a 48-month loan at a 5.25% interest rate, to determine what is the amount of interest paid on the car loan for the first 12 months the following calculation must be performed:
- (43,150 x (1 - 0.20)) x 0.0525 = X
- 43,150 x 0.8 x 0.0525 = X
- 34,520 x 0.0525 = X
- 1,812.3 = X
- 1,812.3 / 48 x 12 = X
- 37.75625 x 12 = X
- 453.075 = X
Therefore, the amount of interest paid on the car loan for the first 12 months would be $453,075.
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