## 1. Suppose you see a car with an advertised price of $31,480 at $590 per month for 6 years.

a) Calculate

1. Suppose you see a car with an advertised price of $31,480 at $590 per month for 6 years.

a) Calculate the interest charged.

b) Calculate the interest rate, to the nearest hundredth percent.

Can you also show work because Im not too sure how to get the answer

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1. Suppose you see a car with an advertised price of $31,480 at $590 per month for 6 years.

a) Calculate

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