Evelyn took out a car loan for $16125 that has 0% apr for the first 14 months and will be paid off with monthly payments over 6 years. for how many month will evelyn be charged interest?
a. 58 months b. 72 months c. 86 months d.14 months

Option B. 58 months

Step-by-step explanation:

Evelyn took a car loan for $16125 with 0% APR for the first 14 months.

This will be paid off with monthly payments over 6 years.

We have to calculate the months Evelyn will be charged interest.

Since Evelyn has to pay the total monthly payments for 6 years or 6×12 = 72 months.

Now we know Evelyn has paid 14 monthly payments without interest then remaining months for which Evelyn will pay the interest = 72 - 14 = 58

Option A. 58 months is the answer.

step-by-step explanation:

the multiplicative inverse of a fraction a/b is b/a. for the multiplicative inverse of a real number, divide 1 by the number. for example, the reciprocal of 5 is one fifth 1/5 or 0.2, and the reciprocal of 0.25 is 1 divided by 0.25, or 4.