Question
a) Write an equation for that models the amount she owes on her car loan y in terms of years since she she bought
a) Write an equation for that models the amount she owes on her car loan y in terms of years since she she bought the car t: She found a Toyota Camry she likes for $22,490. She has $6.000 she can use as a down payment on the car. Unfortunately, her credit score is only mediocre, so the APR on her car loan is 7.93%, compounded monthly b) Emily plans to use a standard 5-year car loan. What is the TOTAL amount she will end up paying for car loan? c) What will be her monthly payments for this loan?
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