One of your customers just made a $15,200 purchase. You have agreed to pay $310 per month

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One of your customers just made a $15,200 purchase. You have agreed to pay $310 per month and will charge a monthly interest rate of 0.96 percent. How many months does it take to pay the account?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: Mar 15, 2023 06:49 AM

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One of your customers just made a $15,200 purchase. You have agreed to pay $310 per month

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Fundamentals of corporate finance

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