Mathematics, 21.05.2021 01:30 Animallover100

Describe if the decision made was financially responsible or financially irresponsible. What was the benefit or the cost of the decision?

Mr. Parker has $9000 saved towards the purchase of a new roof, which cost $20,000. He plans to use the $9000 saved as a down payment on a loan with an interest rate of 4.5% and a term of three years.

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