Price: $39,145
Current interest rate: 3%
Using the function A (t) = P(1+ r/n) ⁿt , create the function that represents your new car loan that is compounded monthly.
Being a smart financial planner, you want to figure out how many months it will be until your principal is paid down to $10,000.00. Solve for t . Note that t will be negative because the number of months will decrease the principal.

Question

Price: $39,145
Current interest rate: 3%
Using the function A (t) = P(1+ r/n) ⁿt , create the function that represents your new car loan that is compounded monthly. 
Being a smart financial planner, you want to figure out how many months it will be until your principal is paid down to $10,000.00. Solve for t . Note that t will be negative because the number of months will decrease the principal.

anonymous · Answer

A(t) = 39,145(1+ 0.03/12)^(12t)

swissgirl · Answer

Jinx what that in your profile pic??

anonymous · Answer

All hail hitler @jinxhead20

anonymous · Answer

I got that part, what i cant figure is t to get principal down to 10,000.00

anonymous · Answer

the t amount accrued is gonna be less than the principal
cuz the years will be negative, so it looks like you're getting 10,000 to "years" before you got the loan