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Mathematics, 08.10.2020 14:01 Zeniko

Car Payments Your aunt bought a new car After three months of car payments she owed a total of

$22 275 to the bank for the car loan. After 12 months, she owed $18,900 to the bank

for the car loan What was her average payment rate on the principal of the car loan

during this time?

13. 22.2757

(12, 18,000)

24,000

20,000

Money Owed 16,000

(dollars)

12.000

8,000

4,000

2

12

4 6 8 10

Time months)

CHECK

per month

O

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What was her average payment rate on the principal of the car loan during this time?

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