Mathematics, 06.12.2019 23:31 ud938727
Jerry buys a $2,700 motorcycle on a deferred payment plan. there is no down payment and no interest for eighteen months. jerry must make a minimum payment of $75 a month. to avoid a retroactive apr of 21%, he must pay the balance in full before the 18 months has passed. if he pays $75 each month, how much should he pay the last month to avoid the interest charges?
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Jerry buys a $2,700 motorcycle on a deferred payment plan. there is no down payment and no interest...
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