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3 years ago

Help please!!!! 50 points!!!!

Mathematics

1 answer:

love history [14]3 years ago

6 0

Answer:

182,427.03

Step-by-step explanation:

total cost = r*p*n

---------------

1- (1+r) ^-n

Where r is the loan rate, p is the principal, n is the number of payments

rate = 4.04% / 12 months

total cost = (.0404/12)* 125000* 240

------------------------------

1- (1+.0404/12)^-240

101000

-----------------

1-.44635

101000

-----------------

.55364

182,427.03

Using Payments are 730 *240 months

730*240 =175200

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Mica bought a new smart phone for $258.13. That was the price after his 18.25% discount. What was the original price of the phon

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