Acustomer wishes to buy a new car at a year-end sale. the dealer states the price is $10,000 with license and taxes included. if you put $1,000 down and agree to make payments of $200 per month for 5 years, what is the apr using the formula above?

on your paper it doesn't say the answer but the the answer is altitude

step-by-step explanation:

answer: since the question is talking about growth you have to use the growth formula which is inital amount (1 + growth)^time

step-by-step explanation:

the intial amount is 1200, the growth is 4.8, and the time is 7. plug those numbers into the equation, also i think you have to change 4.8 into a percent. but, i have forgotton how to do that. if this is a online class go on to the lesson.