Respuesta :
we are given with the data that the original cost of the car is $15000. However Alisha wants to pursue the whole payment for five years thus a 6 percent interest rate is given. The formula for finding the total cost is TC = 15000* (1+0.06)^5. The answer is $20,073.39
Answer: For Plato users .
Explanation:
formula = P(1+i)^t
P= $15,000
I = 6%
T=5 years
= 15000(1+0.06)^5
= $20,073.38
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