Mathematics

24 July, 19:13

Your aunt bought a new car. After three months of car payments she owed a total of $22,275 to the bank for the car loan. After 12 months, she owed $18,900 to the bank for the car loan. What was her average payment rate on the principal of the car loan during this time?

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Your aunt bought a new car. After three months of car payments she owed a total of $22,275 to the bank for the car loan. After 12 months, ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Kedar eaens a monthly salary of $2,200 plus a 3.75% commission on the amount of his sales at a men's clothing store. What would he earn this month if he sold $4,500 in clothing

A salesperson will earn a commission equal to 1/32 of total sales. What is the commission earned on sales totaling 24,000

Is intermediate algebra the same as college algebra?

Write the fraction in lowest terms. 28 32

Josiah kept track of how many songs of each Germans were played in an hour from his MP3 player accounts are displayed in the table below he has a total of 1500 songs on his players Josiah predicted the number of rock songs on the MP3 player to be

New Questions in Mathematics

If you were on the moon, your weight would only be 0.17 of your weight on Earth. If you weigh 195.75 pounds on Earth, how much would you weigh on the moon?

Find the center, vertices, and foci of the ellipse with equation x^2/100+y^2/64 = 1.

The first person has $15 and saves $1.50 each day. The second person has $55 and spends $4.50 each day. In about how many days will they have the same amount of money? a 7 days b 15 days c 21 days d 12 days

Ten students participated in a raffle to win a computer. There are two new computers being given away and two students will be chosen at random one at a time without replacement. How many possible ways are there to choose the two students?

A random sample of 121 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i. e., of the population) is 0.22 ounces. In this problem the 0.22 is Select one: a. a parameter. b.