Answer:
$300
Step-by-step explanation:
Given that:
Derek bought a new car for $32,000;
The original amount of purchase = $32,000
Down payment = $17,000
Remaining amount = Original amount of purchase - Down payment
= $(32000 -17000)
= $ 15,000
Also;
rate of interest per month is 2%
and the Derek is unable to pay his first monthly payment
thus the interest amount is calculated on principal amount
so for the first month interest is calculated on total principal amount
The month interest payment is then calculated as :
= 15,000 × 2%
= 15,000 × 0.02
= $300
<span>Hi :) Firstly we look at the side that is actually the same. How many sides are there that are the same? Next, we note the number of angles that are the same. </span>
