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Volgvan
4 years ago
13

Tyresa wants to buy a car but doesn’t want to spend more than $350 a month for a maximum of four years. What is the maximum loan

amount she can take out for a new car and a used car using the advertised rates?
Use the formula, A = where P [(1+r)^n-1]/r(1+r)^2 is the monthly payment, r is the monthly rate, and n is the number of months. Show your steps. :-)
Mathematics
1 answer:
Maurinko [17]4 years ago
5 0

Answer:

the answer would be 12

Step-by-step explanation:

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Step-by-step explanation:

Quick tip about 20% tips.

Move the decimal over 1 place to the left and multiply by 2.

For this equation it would look like this:

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