You will need the Total Loan Cost Formula which is
(I'm having trouble attaching the graphic - I think the problem is with Brainly).
If nothing else, go to this web page.
It has a calculator and the formula.
http://www.1728.org/loanfrm4.htm
I get an answer of $6,238.70
Answer:
Here we will use the relationships:



And a number:

is between 0 and 1 if a is positive and larger than 1, and n is negative.
if a is positive and 0 < a < 1, then we need to have n positive such that:
0 < a^n < 1
A) 
This is between zero and 1,
B) 
This is greater than 1, because the exponent is positive.
C) 
Because a is smaller than 1, and the exponent is positive, then the expression is between 0 and 1.
D) 
The exponent is negative (and pair) then the expression is between 0 and 1.
Remember that when the exponent is pair, we always have that:
(-N)^m = (N)^m
So (-7)^-2 = 7^-2
<span>The data value must be less than the mean.</span>
Answer:
I would say A because the real answer is 23.477
Step-by-step explanation:
The answer to your question is TRUE