So im at a lost on this question can anyone help me on this thanks. Use the appropriate formula to find the amortization payment (in $) you would need to make each month, at 24% interest compounded monthly, to pay off a loan of $6,500 in 3 years. (Round your answer to the nearest cent.)

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Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.