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aivan3 [116]
3 years ago
13

The balance on a car loan after 4 years is $8,996.32. The interest rate is 5.6% compounding annually. What was the initial value

of the loan?
Mathematics
1 answer:
Slav-nsk [51]3 years ago
6 0
You would get 2015.17568 as the interest rate i believe 
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Answer:

0.000036

Explanation:

When multiplying a number by 10 to the power of a positive exponent (e.g.  

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4.5

⋅

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When multiplying a number by 10 to the power of a negative exponent (e.g.  

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For  

3.6

⋅

10

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Step-by-step explanation:

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Step-by-step explanation:

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