You buy furniture today for $A and "don't pay a cent for 6 months".At the end of 6 months,you begin making monthly payments of $125 for 36 months.If this payment plan charges interest at j₁₂ = 7.2%,what is A? A)$3870.81 B)$3894.04 C)$3917.40 D)$4036.34

Question

Quizplus · Accepted Answer

The Answer of You buy furniture today for $A and "don't pay a cent for 6 months".At the end of 6 months,you begin making monthly payments of $125 for 36 months.If this payment plan charges interest at j₁₂ = 7.2%,what is A? A)$3870.81 B)$3894.04 C)$3917.40 D)$4036.34

You Buy Furniture Today for $A and "Don't Pay a Cent