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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 3
The Iberia Corporation purchased a new warehouse for $165,000. After a down payment of $45,600, the balance was paid in equal monthly payments, with no interest.
a. If the loan was paid off in 2 years, how much were the monthly payments
b. If the loan was paid off in 5 years, how much less were the monthly payments
a. If the loan was paid off in 2 years, how much were the monthly payments
b. If the loan was paid off in 5 years, how much less were the monthly payments
Explanation
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Verified
a) The Iberia corporation purchased a ne
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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