Question: please do the math with the decimal instruction as given. Automotive Excellence Inc. borrowed $19,000.00 on March 10 with an interest rate of 4.6% per
Automotive Excellence Inc. borrowed $19,000.00 on March 10 with an interest rate of 4.6% per annum. On Aprii 7,$5300.00 was repaid, and on June 5,$6500.00 was repaid. Automotive Excellence paid the balance of the loan on October 13 . What was the final payment? The final payment was \$ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
