Answer:
I used Desmos to graph your requirements, and i took a screenshot of the graph. Credit to Desmos for the great graphing system.
Step-by-step explanation:
Please enclose the "nt" inside parentheses: <span>A(t)=P(1+r/n)^(nt).
Then: A = $500*(1+0.06/12)^(5*12) = $641.68</span>
By doing so, they provide the illusion that the payments are cheaper then 1000 dollars, because 50 looks very small, when in reality it's $100 more then what the mattress is actually worth.