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Newton?s Method Test Questions Multiple Choice 1. Using Newton?s Method, evaluate to the 5th exact decimal. Show your work. A. 8.46515 B. 2.10154 C. 8.56511 D. 2.09715 2. Find starting with = 1, find the fourth approximation to the sixth decimal place. A. 3.847535 B. 1.820564 C. 3.096281? D. 3.215625 Free Response 3. A car dealer sells a new car for $18,000. He also offers to sell the same car for payments of $450 per month for four years. What monthly interest rate is this dealer charging? The formula for the present value is given by A = [1-]. Use Newton?s Method to solve this equation and show your work. (Hint: A = $18,000, R = $450, n = 48 & replace i with x). Interest rate 0.7701% Monthly

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