[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

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 23E
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[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
Transcribed Image Text:[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
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