Mathematics, 03.12.2020 06:40 angie1281

(3 points) Jeremy is buying a new sailing boat. He can afford $1100 monthly payments. If the store charges 5.55% interest rate, compounded monthly, and Jeremy wants to pay off his loan in 8 years, what is the most expensive boat he can buy?
Express your answer rounded to the nearest cent!
Boat price = $
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(3 points) Jeremy is buying a new sailing boat. He can afford $1100 monthly payments. If the store c...

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