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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 101
David Sporn bought a saddle from Linville Western Gear with a 9.3% add-on interest installment loan. The purchase price of the saddle was $1,290. The loan required a 15%down payment and equal monthly payments for 24 months.
a. What is the total deferred payment price of the saddle
b. What are David's monthly payments
a. What is the total deferred payment price of the saddle
b. What are David's monthly payments
Explanation
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The given data is the purchase price is ...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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