Question: Word Problem 1 4 - 9 ( Algo ) [ LU 1 4 - 1 ( 3 ) ] Troy Juth wants to purchase new

Word Problem 14-9(Algo)[LU 14-1(3)]
Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a
$72,000 loan at 8% for 48 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
Monthly payment
Word Problem 14-9(Algo)[LU 14-1(3)] Troy Juth wants to purchase new dive

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