
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596 تمرين 18
Meghan Pease purchased a small sailboat for $8,350. She made a down payment of $1,400 and financed the balance with monthly payments of $239.38 for 36 months.
a. What is the finance charge on the loan?
b. Use Table 13-1 to find what annual percentage rate was charged on Meghan's loan.
a. What is the finance charge on the loan?
b. Use Table 13-1 to find what annual percentage rate was charged on Meghan's loan.
التوضيح
The given data is the purchased amount i...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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