Answer:
your answer is 12 units
Step-by-step explanation:
I hope it helps
<span> the equation of this circle is (x - 3)² + (y + 1)² = 4²</span>
The cash price of the car includes the amount of the loan plus the amount of the down payment
Cash price=the loan of the car+down payment
First find the amount of the loan by using the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv the amount of the loan ?
PMT payment per month 355
R interest rate 0.071
K compounded monthly 12
N time 5years
Pv=355×((1−(1+0.071÷12)^(−12
×5))÷(0.071÷12))
=17,885.56
Cash price=17,885.56+2,500
=20,385.56....answer
