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yan [13]
3 years ago
13

I need help on this one.

Mathematics
1 answer:
Firlakuza [10]3 years ago
3 0

Answer: 1/3

Step-by-step explanation:

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Edna decided to purchase a $15,000 MSRP vehicle at a 5% interest rate for 3 years. The dealership offered her a $1500 cash-back
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P = A/D, Where P = Monthly payments, A = Total amount owed = 15,000-1,500 = $13,500,

D= \frac{( 1+ \frac{r}{12} )^{nt} -1}{ \frac{r}{12} (1+  \frac{r}{12}) ^{nt} }

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