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2 years ago

Please Help Me!

Mathematics

2 answers:

DochEvi [55]2 years ago

8 0

$9500/100*9=$855 first year
So, two years are $1710 of interest.
$9500+$1710=$11,210
$11,210/24=$467.08 monthly payment

Yuri [45]2 years ago

4 0

Answer:

a. 1710 b. 71.25

Step-by-step explanation:

the formula for simple interest is i=prt

2(9500)(0.09)= 1710

to find the monthly payment, divide by the number of months.

1710/24=71.25

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