kbritt995 kbritt995
  • 26-04-2019
  • Mathematics
contestada

Price of automobile= $3,000

Number of payments made in a year=12

Number of payments made = 36

Monthly payment amount = $93.33

True annual interest rate?

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mynameiasophie mynameiasophie
  • 26-04-2019

About 36000 because if u multiply 3000 the price of the automobile by number of payments 12 you get 36000

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