I started by figuring out how much interest you get in a month by multiplying 4500 by .01. This gave me $45 as in interest. Then I added the payment fee, $40. 40+45 is 85, so the answer should be d). However, I'm not 100% positive. Somebody verify please? :)
Make/Model:
Ford E-Series Wagon Van
<span>MSRP: </span>
$28,760
<span>Cost of options: </span>
$5,560
<span>Sales tax: </span>
$2230.80 (this is based on 6.5% interest)
<span>Total cost: </span>
$36550.80
<span>10% down payment: </span>
$3655.08
<span>Amount needed to borrow: </span>
$32895.72
<span>Monthly payment: </span>
$665.62
<span>Total interest paid: </span>
$4,665.51
Total payments:
<span>60 payments of total $39,937.03</span>
The independent variable in the relationship is the Number of Months and should be placed on the x-axis (the horizontal axis)
The dependent variable in the relationship is the Number of Fish and should be placed on the y-axis (the vertical axis)
Hope it helps.
