consumer buys a used car for $19600 with monthly payments of $370, an annual interest rate of 3.74%. Find the number of payments

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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A consumer buys a used car for $19600 with monthly payments of $370, an annual interest rate of 3.74%.
Find the number of payments

 
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