Ryker wants a new car. The dealership offers him a loan at 9% annual interest for 6 years. If Ryker wants to do some calculations on his own, what monthly interest rate should he use?

Enter your answer as a percent.

Do not round.

The monthly interest rate is 0.75%

Step-by-step explanation:

The rate of interest= 9%

Total time = 6years

Interest rate per month = 9/12

= 0.75%

Monthly payment =cost of the car + 0.75% of cost of car

Interest per month is 0.75%

1 x=22.52

2: 65/39=604+39x

65x-39x=604

26x=604

x=604/26

×=23.23

table 3 represents a direct variation function. : )