Question: Hi! Please send help with this question 27. You buy items costing $3000 and will finance the cost with a fixed installment loan. You will

Hi! Please send help with this question

27. You buy items costing $3000 and will finance the cost with a fixed installment loan. You will finance at 5% simple interest per year. You are told that your interest will amount to $600. a. How many years will you be paying? b. What will be your monthly payment

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