Evelyn took out a car loan for $16125 that has 0% apr for the first 14 months and will be paid off with monthly payments over 6 years. for how many month will evelyn be charged interest?
a. 58 months b. 72 months c. 86 months d.14 months

Option B. 58 months

Step-by-step explanation:

Evelyn took a car loan for $16125 with 0% APR for the first 14 months.

This will be paid off with monthly payments over 6 years.

We have to calculate the months Evelyn will be charged interest.

Since Evelyn has to pay the total monthly payments for 6 years or 6×12 = 72 months.

Now we know Evelyn has paid 14 monthly payments without interest then remaining months for which Evelyn will pay the interest = 72 - 14 = 58

Option A. 58 months is the answer.

where is the figure

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is