Lina wants to remodel her kitchen. Her contractor has quoted her $2,500 for the project. Lina will
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- Lina wants to remodel her kitchen. Her contractor has quoted her $2,500 for the project. Lina will take out a home improvement loan from her bank. The loan has a two percent monthly, simple interest rate. Her minimum payments are $250. How long will it take for her to pay off the loan?
Related Book For
Bank Management and Financial Services
ISBN: 978-0078034671
9th edition
Authors: Peter Rose, Sylvia Hudgins
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