After making 21 payment of 625.78 on your car loan, you wanted to find out how much is left of your original 5 years loan at 5.2% compounded of 33000. What is the amount of the remaining balance of your car loan? (Round balance to the nearest cent.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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After making 21 payment of 625.78 on your car loan, you wanted to find out how much is left of your
original 5 years loan at 5.2% compounded of 33000. What is the amount of the remaining balance of your
car loan? (Round balance to the nearest cent.)
The remaining balance of your car loan would be $
Transcribed Image Text:After making 21 payment of 625.78 on your car loan, you wanted to find out how much is left of your original 5 years loan at 5.2% compounded of 33000. What is the amount of the remaining balance of your car loan? (Round balance to the nearest cent.) The remaining balance of your car loan would be $
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