document.write( "Question 453089: I need to write an exponential equation showing 5% and 9% interest on a $15,000 car loan over 48 months. Thank You \n" ); document.write( "
Algebra.Com's Answer #311330 by stanbon(75887)\"\" \"About 
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I need to write an exponential equation showing 5% and 9% interest on a $15,000 car loan over 48 months.
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\n" ); document.write( "5% interest:
\n" ); document.write( "I = Prt
\n" ); document.write( "I = 15000*0.05*4 = 3000
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\n" ); document.write( "9% interest:
\n" ); document.write( "I = Prt
\n" ); document.write( "I = 15000*0.09*4 = 5400
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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