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) ![]() You can put this solution on YOUR website! I need to write an exponential equation showing 5% and 9% interest on a $15,000 car loan over 48 months. \n" ); document.write( "----- \n" ); document.write( "5% interest: \n" ); document.write( "I = Prt \n" ); document.write( "I = 15000*0.05*4 = 3000 \n" ); document.write( "======================= \n" ); document.write( "9% interest: \n" ); document.write( "I = Prt \n" ); document.write( "I = 15000*0.09*4 = 5400 \n" ); document.write( "============================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |