Based on the amount that Nader can pay per month, and the interest rate as well as the period, the amount he could spend if the rate was annual is $8,385.33.
<h3 /><h3>How much could Nader spend on the car?</h3>
If Nader can pay $280 per month, the amount he can pay per year i:
= 280 x 12
= $3,360
The amount that he can spend on the car is the present value of these yearly payments:
= 3,360 x (1 - (1 + 9.8%)⁻³) / 9.8%
= 3,360 x 2.49563439768461
= $8,385.33
Find out more on the present value of periodic payments at brainly.com/question/17244776.
#SPJ1
Answer:
where are you from me
Step-by-step explanation:
:philipines
btw ty sayo
Forty one times one is forty one
369
Step-by-step explanation:
Arc length=(π*diameter)*(angle/360°)
88π=π*diameter*80°/360°
diameter=369
