15360 = P {1-(1.0479)^-16 / 0.0479]
15360 / {1-(1.0479)^-16 / 0.0479] = P
P = 1396.1604
Sam's total payment = 1396.1604^16 = 22338.56
interest charge = 6978.56
Total finance charge = 8273.20
1294.64/8273.2 x 100 = 15.6486
I think the answer is D. 15.65 %
hope this helps
42 / 28 = 1.5
Therefore if we multiply 35 by 1.5 it would be:
52.5
Plug 8 for y
8 = 2x + 4
Subtract 4
4 = 2x
Divide by 2
x = 2
Plug 16 for y
16 = 2x + 4
Subtract by 4
12 = 2x
Divide by 2
x = 6
Substitute 20 for y
20 = 2x + 4
16 = 2x
x = 8
Substitute 22 for y
22 = 2x + 4
18 = 2x
9 = x
So the values are 2, 6, 8, 9