[Select] Question 8 L 3 pts Yesenia purchased a car for $16,789.23. She obtained a 72 month term loan at an interest rate of 3.74%. Her monthly payment is $260.69. Using the following balance function to calculate the balance owed after the 60th payment. Round your answer to the nearest penny. Input the dollar sign followed by the number. Do not put a space between the dollar sign and the number. Do not use a comma. Example: $4536.21 12-1 1 + 12 12-7 - 1 -M (F) B(t) = Bo⋅ (1 + 2)² D Question 9 Select the appropriate response from the drop down menus. Q Search B 4 pts X W NEW

[Select] Question 8 L 3 pts Yesenia purchased a car for $16,789.23. She obtained a 72 month term loan at an interest rate of 3.74%. Her monthly payment is $260.69. Using the following balance function to calculate the balance owed after the 60th payment. Round your answer to the nearest penny. Input the dollar sign followed by the number. Do not put a space between the dollar sign and the number. Do not use a comma. Example: $4536.21 12-1 1 + 12 12-7 - 1 -M (F) B(t) = Bo⋅ (1 + 2)² D Question 9 Select the appropriate response from the drop down menus. Q Search B 4 pts X W NEW

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.2: Solve Percent Applications

Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...

See similar textbooks