Lemma
DeepApplications of derivatives
Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) §6.6 Powers Instead of Exponentials, #36 · Calculus · Applications of derivatives

For a car loan of $10,000 over 6 years, what is the…

Assume 10% interest (so ).

For a car loan of $10,000 over 6 years, what is the monthly payment?

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Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) · §6.6 Powers Instead of Exponentials, #36

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