Question: Please solve using matlab Balung point for the iterative search for h for this problem? 3.10.5 You purchase a car for $20,000 with nothing down.

Please solve using matlab Please solve using matlab Balung point for the iterative search for h

Balung point for the iterative search for h for this problem? 3.10.5 You purchase a car for $20,000 with nothing down. If you make 6 annual payments of $4300, what interest rate i to 3 significant figures accuracy are you paying? The formula for calculating annual payments A based on the initial cost Co, the interest rate i and the number annual payments nis given as A=0 (i/100)(1+i/100)" (1+i/100)" -- 1 How can you develop a starting point for the iterative search for i for this

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