smaller and the total interest paid will be Aexuncements Svilabus Modules larger Question 10 3 pts Ghice 365 tcomes Tews & Events Sident Resources Yvette purchased a car for $17,234.98. She obtained an 7 year term loan with an annual interest rate of 3.94%. The balance after the 54th payment was $6,706.22 and the balance after the 55th payment was $6,493.13. What was Yvette's monthly payment? Round your answer to the nearest penny. Input the dollar sign followed by the number. Do not put a space between the dollar sign and the number. Do not use a comma. Example $423.61 mpus Updates Borse Evaluations Q Search Quiz saved at 9:13pm Submit Quiz R T X W NEW

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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smaller
and the total interest paid will be
Aexuncements
Svilabus
Modules
larger
Question 10
3 pts
Ghice 365
tcomes
Tews & Events
Sident Resources
Yvette purchased a car for $17,234.98. She obtained an 7 year term loan with an annual
interest rate of 3.94%. The balance after the 54th payment was $6,706.22 and the balance
after the 55th payment was $6,493.13. What was Yvette's monthly payment?
Round your answer to the nearest penny. Input the dollar sign followed by the number. Do
not put a space between the dollar sign and the number. Do not use a comma. Example
$423.61
mpus Updates
Borse Evaluations
Q Search
Quiz saved at 9:13pm
Submit Quiz
R
T
X
W
NEW
Transcribed Image Text:smaller and the total interest paid will be Aexuncements Svilabus Modules larger Question 10 3 pts Ghice 365 tcomes Tews & Events Sident Resources Yvette purchased a car for $17,234.98. She obtained an 7 year term loan with an annual interest rate of 3.94%. The balance after the 54th payment was $6,706.22 and the balance after the 55th payment was $6,493.13. What was Yvette's monthly payment? Round your answer to the nearest penny. Input the dollar sign followed by the number. Do not put a space between the dollar sign and the number. Do not use a comma. Example $423.61 mpus Updates Borse Evaluations Q Search Quiz saved at 9:13pm Submit Quiz R T X W NEW
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