Mathematics, 15.10.2021 03:20 JOIful
You buy items costing $400 and finance the cost with a fixed installment loan at 6% simple interest per year. The finance charge is $48. a. How many years will you be paying? b. What is your monthly payment?
Answers: 3
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You buy items costing $400 and finance the cost with a fixed installment loan at 6% simple interest...
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