I uploaded the answer to a file hosting. Here's link:
bit.
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The answer is c. 16.70% This is based on the posts I've read online regarding this problem. No solution was given.
These are the amounts you have to consider:
List price of new car - 21,450
Sales tax rate: 6.88% - 21,450 x 6.88% = 1,475.76
vehicle registration fee - 1,089
documentation fee - 124
loan term - 3 years, paid monthly. so, 36 months
interest rate - 12.28% compounded monthly.
2004 Dodge Neon value - 6,591
trade in value - 6,591 x 80% = 5,272.80
No mention of down payment so the possible amount to be financed is: 24,138.76
The value of the traded car is only considered after the financing has been paid off.
Answer:
It's a negative 4 and the variable n and can be used for anything or any equation.
Answer:
Hint- Spiders have 8 legs
hint- frogs have 2 legs
Step-by-step explanation: