Answer:
The value is 
Step-by-step explanation:
From the question we are told that
The principle is 
The rate is
The period is 
Generally the formula to calculate the is mathematically represented as
![E = P * R * [\frac{(1 - R)^n}{ (1 + R)^n - 1} ]](https://tex.z-dn.net/?f=E%20%3D%20P%20%2A%20%20R%20%2A%20%5B%5Cfrac%7B%281%20-%20%20R%29%5En%7D%7B%20%281%20%2B%20R%29%5En%20-%201%7D%20%5D)
=> ![E = 175000 * 0.0325 * [\frac{(1 - 0.0325 )^{30}}{ (1 + 0.0325)^{30} - 1} ]](https://tex.z-dn.net/?f=E%20%3D%20175000%20%2A%20%200.0325%20%2A%20%5B%5Cfrac%7B%281%20-%20%200.0325%20%29%5E%7B30%7D%7D%7B%20%281%20%2B%200.0325%29%5E%7B30%7D%20-%201%7D%20%5D)
=> 
At the end of each month, the balance is 1.14 times what it was at the beginning. So, after 3 months, the balance is 1.14³ = 1.481544 times the original charge.
$6000 × 1.481544 ≈ $8889.26
The appropriate selection is
d. $8889.26
Answer:
7
Step-by-step explanation:
y = 60x + 150
550 - 150 = 400
400/60 = 6.66666...
Round up as you can't sell just part of the car.
He must sell 7 cars