Question: need help with this question need the answers in 1 hour please. please make sure the answer is correct as the previous person had the
need help with this question need the answers in 1 hour please. please make sure the answer is correct as the previous person had the wrong answers.
Lush Gardens Co. bought a new truck for $52,000. It paid $5,200 of this amount as a down payment and financed the balance at 4.54% compounded semi-annually. If the company makes payments of $1,600 at the end of every month, how long will it take to settle the loan? years months Express the answer in years and months, rounded to the next payment period
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