Mathematics, 02.09.2020 01:01 ashtonbillups

Aaron bought a $3,000.00 car from Chad's Used Cars. What was his cost of credit if he had a 5 year loan at 3.5% interest? P is the principal, r is the interest rate, m is the number of monthly payments, M is the monthly payment A. $274.80
B. $380.40
C. $227.04
D. $164.76

Aaron bought a $3,000.00 car from Chad's Used Cars. What was his cost of credit if he had a 5 year

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Aaron bought a $3,000.00 car from Chad's Used Cars. What was his cost of credit if he had a 5 year l...