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April 24, 2014

April 24, 2014

Posted by **Sarah** on Tuesday, December 4, 2012 at 3:46am.

I keep getting the wrong answer.

I get 26.1

- Algbra -
**kay**, Tuesday, December 4, 2012 at 7:45amAs I gave $3290 for down payment I owe 16650-3290=$13360

If I pay $331.97per month *48 months=$15934.56

So when I owed 13360 I payed 15934.56 so 2574.56 more .If I owed 100 then I would have paid 100*2574.56/13360 more ie 19.3%

Is that OK? Does it make sense to you?

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