Question: answer asap 24. You buy items costing $5000 and will finance the cost with a simple interest fixed installment loan at 5% simple interest per

 answer asap 24. You buy items costing $5000 and will finance

answer asap

24. You buy items costing $5000 and will finance the cost with a simple interest fixed installment loan at 5% simple interest per year. The finance charge is $500. J a. How many years will you be paying? b. What is your monthly payment

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