After a year, the car price dropped to £9600, already dropped by 25%, well, 100% - 25% is just 75%, therefore, <span>£9600 is really just the 75% of the original price.
now, let's say "x" is the original price and therefor the 100%, what is it?
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Answer:
I know this isn't the answer you'd like, but there's a graphing app called ''desmos'' and you can enter the equation in there and it gives you your answer.
Step-by-step explanation:
765*3=2295
2295+57=2352
8*2352/4=2*2352= 4704 .
<h3>
Answer: $1067.45</h3>
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Work Shown:
L = 165000 = loan amount or amount financed
r = 0.06725 = annual interest rate in decimal form
i = r/12 = 0.06725/12 = 0.005604167
i = 0.005604167 = approximate monthly interest rate in decimal form
n = number of months = 30*12 = 360 months
P = unknown monthly payment
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Apply the monthly payment formula
P = (L*i)/( 1-(1+i)^(-n) )
P = (165000*0.005604167)/(1-(1+0.005604167)^(-360))
P = 1067.44636311118
P = 1067.45