Aaron wants to take out a loan to purchase a motorcycle. At one bank, he would pay
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Aaron wants to take out a loan to purchase a motorcycle. At one bank, he would pay $2500 initially and $150 each month for the loan. At another bank, he would pay $3000 initially and $125 each month. After how many months would he have paid the same amount?
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Posted Date: