Help ​

The answer is "B". Can you calculate it using the formula given to you? Try it.

A   =  P  [ (1 + r)^n  - 1 ]

         _______________     

          r  ( 1 + r)^n

Where P  = 725    r  = .0825/12  = 11/1600    n  = 48 months

So  we  have

A = 725 [ (1 + 11/1600)^(48)  - 1 ]

      __________________________    ≈  29,555.11  ⇒  "B" seems the closest

         [ (11/1600) * ( 1 + 11/1600)^48