Asked by Anonymous
Find I. Choose the correct answer.
Amount Financed (m) = $1,400
Number of Payments per year (y) = 12
Number of Payments (n) = 24
Total Interest (c) = $200.50
Amount Financed (m) = $1,400
Number of Payments per year (y) = 12
Number of Payments (n) = 24
Total Interest (c) = $200.50
Answers
Answered by
Ms. Sue
I = Prt
200.5 = 1,400 * R * 2
200.5 = 2,800R
0.0716 = R
7.16% = R
200.5 = 1,400 * R * 2
200.5 = 2,800R
0.0716 = R
7.16% = R
Answered by
Darlene Hart
Thank you so much for helping people like me who haven't been in school for years.
I appreciate you.
God Bless
I appreciate you.
God Bless
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.