Mathematics, 04.04.2020 10:20, divadebbgirl1
Janelle wishes to finance a car for $33,000. the bank's annual interest rate is 3.5%, and she can choose between durations of five or six years. calculate the monthly payment and total amount paid for both duration options. use the formula, p = ar (1+r)^n/(1+r)^n-1where a is the amount to finance, r is the monthly interest rate, and n is the number of months to pay. show all of your steps.
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