Question: Problem 6 . 3 : You have been shopping for a nice new mattress and found just the one you want from Dreamland Mattresses. The
Problem : You have been shopping for a nice new mattress and found just the one you want from Dreamland Mattresses. The price the mattress $ and they offer financing with a annual rate compounded monthly.
How long years will take you pay off the loan you make payments $ per month? Make sure show you answer two decimals.
How much will you pay interest over the life this loan?
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