Suppose you buy $3400 worth of furniture for a new house. The furniture store is offering a fixed installment loan with three-year financing with no money down at 11.93% annual interest. Find the total installment price. The monthly payment is $112.82. Round your answer to the nearest cent.
Suppose you buy $3400 worth of furniture for a new house. The furniture store is offering a fixed installment loan with three-year financing with no money down at 11.93% annual interest. Find the total installment price. The monthly payment is $112.82. Round your answer to the nearest cent.
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Suppose you buy
$3400 worth of furniture for a new house. The furniture store is offering a fixed installment loan with three-year financing with no money down at
11.93% annual interest.
Find the total installment price. The monthly payment is
$112.82. Round your answer to the nearest cent.
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