Question: View an example | All parts showing X 200 and ning Seme Joan borrowed $11,000 00 to buy a car. She repaid $2800.00 three months

View an example |

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X 200 and ning Seme

Joan borrowed $11,000 00 to buy a car. She repaid $2800.00 three months later and $5000.00 seven months later After twelve months, she borrowed $3400 00, and repaid $3200 00 after 15 months. She paid the entre balance including the interest, after 24 months Interest was 7% compounded monthly for the fest year and 7.4% compounded monthly for the remaining time. What was the size of the final payment?

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DView an example |

All parts showing

X 200 and ning Seme

Joan borrowed $11,000 00 to buy a car. She impard $2800.00 three months later and $5000.00 seven months later After twelve months, she borrowed $3400 00, and repaid $3200 00 after 15 months. She paid the entre balance including the interest, after 24 months Interest was 7% compounded monthly for the fest year and 7.4% compounded monthly for the remaining time. What was the size of the final payment?

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