Mathematics, 30.01.2020 03:59, violetagamez2

You have just graduated from college and purchased a car for $8000. your credit limit is $20,000. assume that you make no payments and purchase nothing more and that there are no other fees. the monthly interest rate is 12%. find the y-intercept for the exponential function which represents how much you will owe (represented by y) after x months with no more purchases or payments.
a. (0, 2)
b. (8000, 0)
c. (0, 8000)
d. (2, 0)

Answers: 3

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You have just graduated from college and purchased a car for $8000. your credit limit is $20,000. as...