Mathematics, 22.02.2021 09:20 itssmookie6540
To purchase $14,100 worth of restaurant equipment for her business, Martina made a down payment of $1400 and took out
years of paying monthly payments of $562.88, she finally paid off the loan.
Х
5
?
(a) What was the total amount Martina ended up paying for the equipment
(including the down payment and monthly payments)?
$14,909.12
(b) How much interest did Martina pay on the loan?
Answers: 2
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