document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1131693>Question 1131693</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Brett borrowed $18,000 at 7.2% interest to buy a car. It is a 5-year loan. Find the monthly payments. (Round your final answer to two decimal places.) <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #748453 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20849)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=748453\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Brett borrowed $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=18000 ALIGN=MIDDLE  ALT=\"18000\"   DISABLED_style= \"max-width:90%; height:auto;\" > at <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=7.2 ALIGN=MIDDLE  ALT=\"7.2\"   DISABLED_style= \"max-width:90%; height:auto;\" >% interest to buy a car. It is a <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=5 ALIGN=MIDDLE  ALT=\"5\"   DISABLED_style= \"max-width:90%; height:auto;\" >-year loan. <BR>\n" );
document.write( "Find the monthly payments. (Round your final answer to two decimal places.) \r<BR>\n" );
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document.write( "given:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=18000 ALIGN=MIDDLE  ALT=\"P=18000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=7.2 ALIGN=MIDDLE  ALT=\"r=7.2\"   DISABLED_style= \"max-width:90%; height:auto;\" >%<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=5 ALIGN=MIDDLE  ALT=\"t=5\"   DISABLED_style= \"max-width:90%; height:auto;\" >years<BR>\n" );
document.write( "=><IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=60 ALIGN=MIDDLE  ALT=\"60\"   DISABLED_style= \"max-width:90%; height:auto;\" > months\r<BR>\n" );
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document.write( "first find total amount to be payed (principal and interest)<BR>\n" );
document.write( "Equation:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P%281+%2B+rt%29 ALIGN=MIDDLE  ALT=\"A+=+P%281+%2B+rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "First, converting r percent to r a decimal<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+=+7.2%2F100+=+0.072 ALIGN=MIDDLE  ALT=\"r+=+7.2%2F100+=+0.072\"   DISABLED_style= \"max-width:90%; height:auto;\" > per year \r<BR>\n" );
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document.write( "Solving our equation:\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+18000%281+%2B+%280.072+%2A+5%29%29+=+24480 ALIGN=MIDDLE  ALT=\"A+=+18000%281+%2B+%280.072+%2A+5%29%29+=+24480\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "$<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+24480.00 ALIGN=MIDDLE  ALT=\"A+=+24480.00\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "monthly payments:\r<BR>\n" );
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document.write( "divide total amount by the number of months\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A%2F60=24480.00%2F60=408.00 ALIGN=MIDDLE  ALT=\"A%2F60=24480.00%2F60=408.00\"   DISABLED_style= \"max-width:90%; height:auto;\" >-><IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=408 ALIGN=MIDDLE  ALT=\"408\"   DISABLED_style= \"max-width:90%; height:auto;\" >.<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=00 ALIGN=MIDDLE  ALT=\"00\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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