Mathematics, 26.04.2021 04:20 misrachel03

Fritz Benjamin buys a car costing $21800. He agrees to make payments at the end of each monthly period for 5 years. He pays 6.0% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay.

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Fritz Benjamin buys a car costing​ $21800. He agrees to make payments at the end of each monthly period for 5 years. He pays 6.0​% ​interest, compounded monthly. What is the amount of each​ payment? Find the total amount of interest Fritz will pay.

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Another question on Mathematics

Fritz Benjamin buys a car costing $21800. He agrees to make payments at the end of each monthly period for 5 years. He pays 6.0% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay.