Homework Help: ALGEBRA

Posted by Rose on Sunday, May 27, 2012 at 6:36pm.

Suppose you see a car with an advertised price of $28,550 at $614.45 per month for 5 years. What is the amount of interest paid?

ALGEBRA - Sharon, Monday, May 28, 2012 at 9:48am
614.45(12)=7373.40(5)=36,867
36867-28,550=$8317.00 amount of interest paid

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