Mom needs help!!! Can't pay tutor until 2 wks fr now!

[casini92653]

My daughter is stuck with a math anxiety, dyslexic mom...please save my high schooler and help her understand the steps to getting the answer to these questions...it would mean a lot to us. I am unable to help her, I tried, and I don't want her to have problems with math like I do :<

FOR each add-on loan find the finance charge, the monthly payment, and the approximate APR:
12. Principal $6600 Rate 10% Time: 30 months
14. Principal $6750 Rate 11.9% Time: 48 months

 

[mmm4444bot]

Please ask your high-schooler to get on the computer and tell us the formulas that they gave her.

We can then help her to use them.

It's simply a matter of substituting the given values for their corresponding symbols in the formulas.

For example, if the symbol P represents the principle, then we need to replace the symbol P in the formula with the number 6600 (for exercise 12) and 6750 (for exercise 14).

She needs to use the formula that they gave her for add-on loans.