(1). Suppose you see a car with an advertised price of $14,800 at $420.83 per mo
ID: 2983270 • Letter: #
Question
(1). Suppose you see a car with an advertised price of $14,800 at $420.83 per month for 4 years. What is the amount of interest paid? (Round your answer to the nearest cent.)
(2).Suppose you buy a home and finance $285,000 at $2,243.17 per month for 30 years. What is the amount of interest paid? (Round your answer to the nearest cent.)
(3).If Rita receives $44.74 interest for a deposit earning 6% simple interest for 190 days, what is the amount of her deposit? (Round your answer to the nearest cent.)
Explanation / Answer
1) answer : (420.83*48 - 14800 )2) 2243.17 * 30*12 - 285000
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