16. DETAILS MY NOTES ASK YOUR TEACHER A firefighter for the National Park Service has a 5-year car loan for which the monthly payment is $610.46 with an annual interest rate of 4.75% compounded...


question 16


16.<br>DETAILS<br>MY NOTES<br>ASK YOUR TEACHER<br>A firefighter for the National Park Service has a 5-year car loan for which the monthly payment is $610.46 with an annual interest rate of 4.75% compounded monthly. After making 36 payments, the<br>firefighter decides to trade in the car for a new car. Calculate the amount (in dollars) the firefighter still owes on the car. (Round your answer to the nearest cent. See Example 3 in this section.)<br>$<br>

Extracted text: 16. DETAILS MY NOTES ASK YOUR TEACHER A firefighter for the National Park Service has a 5-year car loan for which the monthly payment is $610.46 with an annual interest rate of 4.75% compounded monthly. After making 36 payments, the firefighter decides to trade in the car for a new car. Calculate the amount (in dollars) the firefighter still owes on the car. (Round your answer to the nearest cent. See Example 3 in this section.) $

Jun 04, 2022
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