Assume that you buy a TV for $800 and agree to pay for it in 18 equal
Question:
Assume that you buy a TV for $800 and agree to pay for it in 18 equal monthly payments at 1 1/2% interest per month on the unpaid balance.
(A) How much are your payments?
(B) How much interest will you pay?
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A Use formula 5 or 6 with ...View the full answer
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Related Book For
Finite Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780134862620
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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