Asked by Pat
An item costs $5800. Down payment for it costs $600 with s finance charge of 7%.
What is the loan amount, monthly payment, and total cost?
Can't remember the model so please do a step by step. Thanks
What is the loan amount, monthly payment, and total cost?
Can't remember the model so please do a step by step. Thanks
Answers
Answered by
Reiny
Not enough data?
How long do you need to pay it off?
Is the interest rate compounded monthly?
How long do you need to pay it off?
Is the interest rate compounded monthly?
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