# Two consumers are buying the same model car. the sticker price for the car is $21,000. the interest

###### Question:

both consumers. consumer a decided to take out a 36-month loan and consumer b decided to take out a 48-month

loan. which person will pay more for the car?

## Answers

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

[tex]i=\frac{85}{100}=0.85[/tex]

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

median is the value separating the higher half of a data sample, a population or probablity distribution from the lower half.

step-by-step explanation:

say you have 3,8,7,3,1,9,8 order them from lowest to highest

if orderd it would be 1,3,3,7,8,8,9 now you take away from the lowest and the highest until you end up in the middle.

so you would remove the 1 and 9 leaving you with 5 digits remaining

when you've reached the middle that would be your answer so in this case the answer is 7

if there were two numbers left say 7 and 5 you'd and them together so 12 then divide by 2 witch would equal 6 so the answer would be 6

good luck on that project hoped i you at all

Iam not sure , but probably 750 or 7.5

thats one

step-by-step explanation: